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 ?
Five countries in the eurozone are already in recession -- Greece, Spain, Italy, Portugal, and Cyprus.
"That's why co-operation in the eurozone, between the eurozone and ourselves, between ourselves and the United States and other countries, is so vital at this time."
The interest rate on loans to non-financial corporations for amounts up to e1/41 mln decreased to 3.41%, compared to 3.53% in November, while the Eurozone average was 1.97%.
The assumption is that the more risks are shared, the more stable the eurozone will be.
The latest chart of the month from Fitch's economics team shows net outflows of capital from the eurozone in the form of long-term portfolio debt instruments.
That healthy level of growth means that for the whole of 2017, the eurozone economy expanded by 2.5%, its best performance since 2007, when it grew 3%.
This means that for the whole of 2017, the eurozone economy grew by 2.5%, its highest level since 2007, when it expanded by 3%.
The two central bank chiefs urged eurozone countries to transfer "sovereignty and powers to the European level," (http://www.zeit.de/wirtschaft/2016-02/jens-weidmann-francois-villeroy-de-galhau-euro-finanzministerium) noting that a joint finance ministry for the eurozone could be one promising way of harmonizing the bloc's fiscal policies.
The Bank lent hundreds of billions of Euro in order to maintain economic balance in the Eurozone.
GDP rose by 0.3% in the eurozone and by 0.4% in the EU28 compared with the previous quarter.
The latest numbers from the Eurozone have been encouraging.