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 Dutchman presented a work programme to his colleagues, in which he suggests giving the Eurogroup president a mandate to represent eurozone interests at international level.
That is precisely what the IMF -- Eurogroup are afraid of; an economic instability which would reduce profits.
Other issues to be discussed at today's Eurogroup are the euro crisis and the political uncertainty ahead of the elections in Italy and Germany.
This lightning-speed Eurogroup session (lasting less than two hours) was the culmination of a long and strenuous effort.
Dijsselbloem "has the full support of the Cabinet and will formally announce his candidature in a letter to the Eurogroup next week," spokesman Michel Reijns said.
The Eurogroup will be informed that Greece has completed the remaining two prior actions under the third review of its economic adjustment programme.
In the Eurogroup we covered Greece, Ireland, the reform of the ESM and the appointment of the ECB Vice President.
Brussels, Rajab 20, 1437, April 27, 2016, SPA -- Greece and its creditors have not yet reached agreement regarding the country's bailout programme and talks envisaged for Thursday will not take place, a spokesman for the Eurogroup of eurozone finance ministers said late Tuesday, according to dpa.
Cyprus has exited the Memorandum", Finance Minister Harris Georgiades said from Brussels after the Eurogroup meeting that reviewed the Cyprus programme.
Monday's Eurogroup will therefore be decisive, as the Minister of Finances Yanis Varoufakis will have to present specific measures to his colleagues on settling tax debts, combating tax evasion, "red loans" and the cost of the initiatives to tackle the humanitarian crisis.
The Eurogroup is not expected to discuss any debt relief for Greece,, nor a new programme for the country until September, its President, Jeroen Dijsselbloem, said on his way into a meeting of the eurozone's finance ministers, on 17 February in Brussels.
KAByL (CyHAN)- The Eurogroup on Friday voiced satisfaction over the bloc's fiscal outcomes as no member states' draft budgetary plan came in serious non-compliance with regulations.