Eurogroup


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Eurogroup

An informal, periodic meeting of the finance ministers of the eurozone. The Eurogroup meets to influence the monetary policy of the eurozone, though the European Central Bank actually sets this policy. It held its first meeting in 1998 and received formal mandate in 2009.
References in periodicals archive ?
The chief of the Eurogroup Jeroen Dijsselbloem told journalists that the possibility of extending the Greek bailout program was still up for discussion.
The truth is that the Cypriot Government asked me to accompany the delegation to the second Eurogroup meeting and I did that.
I thank my colleagues for their support and cooperation and look forward to a second term as president of the Eurogroup," Dijsselbloem wrote on Twitter.
Eurogroup leader Jeroen Dijsselbloem has described the negotiations as "very difficult,'' BBC said.
This is the message that I conveyed today to Eurogroup.
On Thursday, the president of the European Central Bank referred Greece to Monday's Eurogroup for financing.
Earlier in the day, Chairman of the Eurogroup finance ministers, Jeroen Dijsselbloem, said that he received a request from Greece to extend the current rescued deal for another six months.
In a statement, the Eurogroup noted that member states with deficit close to 3 percent of GDP in 2013 are expected to see drops below the level in 2014.
Talks continue in Athens at this time about the country's progress - or rather lack of progress - in fulfilling its obligations," Jeroen Dijsselbloem, the president of the Eurogroup told Ta Nea, the daily Greek newspaper.
Banks in Cyprus remained closed from March 16, when a Eurogroup ministerial meeting made a sudden decision for a scaled haircut on all deposits at banks operating in Cyprus.
A Eurogroup statement said the approved bailout "is fully in line with the parameters and key objectives" agreed with Nicosia last month.
Brussels, March 25 (Xinhua-ANI): Eurozone finance ministers had approved a new bailout plan for Cyprus, putting an end to uncertainties over the fate of the Mediterranean island country in the euro area, the Eurogroup head said early Monday.