Eurogroup

(redirected from Eurozone)
Also found in: Dictionary, Encyclopedia, Wikipedia.
Related to Eurozone: European Union

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 ?
I do not agree with those who suggest the eurozone would be fatally weakened by Greece's exit.
National Bank of Poland (NBP) president, Marek Belka, said that the nation does not see any merit in entering the Eurozone now.
We had a constructive discussion, and it is clear that the stand-off between Greece and the eurozone is the greatest risk to the global economy," Osborne said.
49% in the previous month, the highest in the euro area, while the corresponding average of the Eurozone was 0.
The pace of eurozone growth in 2016-18 will be more than half a percentage point slower than in the decade up to 2007, when GDP growth averaged 2.
Overall, the Eurozone unemployment rate reached the highest level on record in October 2013 at 12.
After beating back market panic that the eurozone was set to break up, eurozone nations moved in 2012 and 2013 to put their finances on a stable footing and strengthen the banking sector.
The first is a common banking supervisor - the European Central Bank (ECB), which will be given the power to monitor the health of, and the risks taken, by all the major banks within the eurozone.
htm) during the second quarter , the eurozone recovery from its cataclysmic sovereign debt crisis slowed in the third quarter.
UK businesses remain sceptical towards the UK joining the eurozone.
At end-January 2013, exposures to eurozone banks represented 14.
By Edmond Alphandery/ Paris European Union leaders concluded 2012 with a landmark agreement that places all eurozone banks under a single supervisor.