· Kyriakos Pierrakakis Wiki · Eurogroup WikiRemarks by Kyriakos Pierrakakis following the Eurogroup meeting of 27 March 2026
Read full speech on consilium.europa.eu ↗ContextPress remarks by the Eurogroup President after a meeting of euro area finance ministers held by teleconference instead of in Nicosia, because of the Middle East crisis.
Why it mattersEuro area ministers' first coordinated answer to the energy shock: targeted, fair and temporary support.
Problems raised
- The energy shock creates inflationary pressures.
- Growth risks are rising in Europe.
- Vulnerable households and firms are hit hardest.
Solutions proposed
- Make measures targeted, fair and effective.
- Prioritise the most vulnerable.
- Keep measures temporary.