Kyriakos Pierrakakis elected Eurogroup President in symbolic win for Greece

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Greek Finance Minister Kyriakos Pierrakakis has been elected president of the Eurogroup, a remarkable development given Greece’s near-expulsion from the eurozone only ten years ago.

Greek Prime Minister Kyriakos Mitsotakis hailed the result as “a day of pride for the country” and “the most emphatic recognition of our country’s positive course… exactly a decade since the country found itself on a cliff-edge.”

He added that Greece, “the former ‘black sheep’ of debt,” has now risen to a leading position in Europe thanks to the sacrifices of its people.

Pierrakakis, 42, a rising figure in New Democracy, is known for major digital reforms during his previous ministerial roles.

Reflecting on Greece’s past crisis, he said, “Greece withstood,” calling his election a testament to public resilience and European solidarity. He pledged to “work to keep the Eurogroup a body of unity and shared purpose.”

Source: AP News

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