
An informal meeting of Ecofin, via teleconference, is included in tomorrow’s agenda, with the main topic of discussion being the Recovery Fund. Greece will be represented by the Minister of Finance Mr. Christos Staikouras.
At the meeting, the European Union finance ministers will discuss the implementation of the Recovery Fund and are expected to give final approval to four more National Recovery and Sustainability Plans, which are the second package of Plans submitted by EU member states.
It is recalled that at the previous meeting of Ecofin, on June 13, the “green light” was given for the first 12 National Plans for Recovery and Sustainability, including the plan “Greece 2.0”, which had received particularly positive feedback on the complete picture it presented.
Thus, after tomorrow’s meeting, the total number of approved National Plans is expected to reach 16.
The European Union’s finance ministers will also consider a package of new measures announced a few days ago by the European Commission to combat money laundering, terrorism, etc.
With these measures, the European Union aims to strengthen the existing framework and improve the detection of illegal transactions and activities, such as money laundering, taking into account the new challenges posed by technological developments.
The latter includes the vertical strengthening of the popularity of the cryptocurrency market, with crypto transactions being among the areas targeted by the ongoing modernization of rules.


Latest News

Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region