Greek Finance Minister Assumes Leadership of Eurogroup

December 11, 2025 - 23:29

ATHENS, Greece — In a significant political development, Greek Finance Minister Kyriakos Pierrakakis has been elected as the president of the Eurogroup. This election marks a remarkable turnaround for Greece, a nation that faced severe economic turmoil just a decade ago. During that time, the country grappled with a financial crisis that threatened its very membership in the eurozone.

Pierrakakis's election is not only a personal achievement but also a symbol of Greece's recovery and growing influence within European financial circles. His leadership is expected to bring fresh perspectives to the Eurogroup, particularly in addressing ongoing economic challenges faced by member states.

As he steps into this prominent role, Pierrakakis will be tasked with navigating complex issues, including fiscal policies and economic stability across the eurozone. His appointment is seen as a testament to Greece's resilience and a sign of hope for further progress in the region's economic landscape.