Kyriakos Pierrakakis elected Eurogroup President 17:41 The Eurogroup elected Kyriakos Pierrakakis, Minister of Economy and Finance of Greece, as President of the Eurogroup, in[...]

The Eurogroup today elected Kyriakos Pierrakakis, Minister of Economy and Finance of Greece, as President of the Eurogroup, in line with Protocol 14 of the EU treaties.

The new President will take office as of 12 December 2025 and will serve a two-and-a-half-year term.

The first Eurogroup meeting under Kyriakos Pierrakakis' presidency is currently planned for 19 January 2026.

Background

The Eurogroup is an informal body where ministers from euro area member states discuss matters of common concern in relation to sharing the euro as the single currency. Its main task is to ensure close coordination of economic policies among the euro area member states. It also aims to promote conditions for stronger economic growth and is responsible for preparing the Euro Summit meetings and for their follow-up. It usually meets once a month, on the eve of the Economic and Financial Affairs Council meeting.

The first Eurogroup meeting took place on 4 June 1998 in Luxembourg. The first President of the Eurogroup was Jean-Claude Juncker. He was succeeded by Jeroen Dijsselbloem, Mário Centeno and Paschal Donohoe.

• CV - Kyriakos Pierrakakis
• Motivation letter - Kyriakos Pierrakakis
• EU Treaty - Protocol 14 on the Eurogroup
• Election of the Eurogroup President (background information)
• Eurogroup (background information)