Economic and Financial Affairs Council

Bulgaria does not view mandatory tax measures in corporate taxation as a path to boosting competitiveness, stated Deputy Prime Minister and Finance Minister Ludmila Petkova before the Economic and Financial Affairs Council (ECOFIN) meeting in Brussels.

The Letta and Draghi reports serve as a "wake-up call" for the EU, Greek Economy and Finance Minister Kostis Hatzidakis said in Luxembourg on Tuesday, where he took part in the Eurogroup and ECOFIN meetings.

Greek Minister of National Economy and Finance, Costis Hatzidakis, will travel to Luxembourg today to participate in the Eurogroup and ECOFIN meetings.

On Monday, 7 October, the Eurogroup will meet to discuss the competitiveness of the eurozone, the European Capital Markets Union, the digital euro, and preparations for the eurozone summit scheduled for 18 October.

The newly appointed Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, has reaffirmed the country's commitment to joining the Eurozone, the Organization for Economic Co-operation and Development (OECD), and achieving full-fledged Schengen membership.

National Economy and Finance Minister Kostis Hatzidakis is in Brussels for European Union ministerial meetings. On the sidelines of the sessions, Hatzidakis is to meet European officials. Hatzidakis attended a Eurogroup meeting in Brussels on Monday, and on Tuesday he will take part in the ECOFIN Council.

National Economy and Finance Minister Kostis Hatzidakis presented six proposals for boosting the European Union's competitiveness during an informal ECOFIN Council of Ministers on the topic held in Ghent last week.

"We must adopt the Draghi dogma and do everything that is necessary to boost the European economy's competitiveness," Hatzidakis said during the meeting.

Wolfgang Schaeuble assumed the role of Germany's finance minister in late October 2009, serving in this capacity for a full eight years. During this period, he collaborated, beginning with my own appointment a few weeks earlier, with nine successive Greek finance ministers. This observation alone serves as a clear indication of the impact he had on navigating the eurozone and Greek crises.

The European Union finance ministers reached a compromise agreement for the new Stability and Growth Pact on Wednesday during an Ecofin teleconference, after weeks of arduous consultations on the new reform framework on the pace of debt and deficit reduction by member-states.

Economy and Finance Minister Kostis Hatzidakis is scheduled to travel to Brussels on Wednesday to participate in the Eurogroup and ECOFIN meetings.

Greece will remain on the road to fiscal stability and "will implement, with determination, the reforms needed to be completed," Finance Minister Costis Hatzidakis said on Friday.