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Pierrakakis: Europe Must Move Now -Competitors, Investments and Technology Do Not Wait - iefimerida.gr

Summary by Iefimerida
“Europe is entering the new era with enormous advantages, but also with a fundamental challenge,” said Kyriakos Pierrakakis. “We are not growing fast enough. Productivity remains very low. Our competitiveness gap has, in fact, widened,” Minister of National Economy and Finance and President of the Eurogroup Kyriakos Pierrakakis said in a speech at the Eurofi Financial Forum in Dublin.

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“Europe is entering the new era with enormous advantages, but also with a fundamental challenge,” said Kyriakos Pierrakakis. “We are not growing fast enough. Productivity remains very low. Our competitiveness gap has, in fact, widened,” Minister of National Economy and Finance and President of the Eurogroup Kyriakos Pierrakakis said in a speech at the Eurofi Financial Forum in Dublin.

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Kyriakos Pierrakakis raised the need to accelerate European reforms, with an emphasis on banking union, mobilizing savings and strengthening competitiveness in the face of international challenges, from Eurofi in Dublin.

·Marousi, Greece
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Low productivity, a widening competitiveness gap and the need for huge new investments are presenting Europe with a critical choice: to make better use of its savings or to continue paying the cost of financial fragmentation. This was the key message of the Minister of National Economy and Finance and President of the Eurogroup Kyriakos […]

The need for an interstate banking system and economic cooperation was referred to in a speech by the Minister of National Economy and Finance and President of the Eurogroup Kyriakos Pierrakakis ... The article Pierrakakis from Dublin: Europe must move now – Competitors, investments and technology do not wait was published in NewsIT.

Kyriakos Pierrakakis focused his speech at the Eurofi Financial Forum on the need for more effective mobilization of European savings.

The Minister of National Economy and Finance and President of the Eurogroup, Kyriakos Pierrakakis, sounded the alarm for Europe’s competitiveness, underlining that the EU is facing a critical challenge: to accelerate its growth in a period when investment needs are increasing significantly. “Europe is entering the new era with enormous advantages, […] The post Pierrakakis’ Bells to the EU: “It Must Move Now – Competitors and Technology Do Not Wa…

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Capital.gr broke the news on Friday, September 18, 2026.
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