Power Shift in the Eurozone: Pierrakakis’ Strategic Victory at the Eurogroup
The election of Greece’s finance minister to the helm of the Eurogroup reshapes influence within the Eurozone and quietly alters the political balance inside New Democracy.
The election of Greece’s finance minister to the helm of the Eurogroup reshapes influence within the Eurozone and quietly alters the political balance inside New Democracy.
The sudden acceleration of procedures for the sub-concession of key sections of the Port of Elefsina is not just another infrastructure initiative. It signals a strategic realignment of Greece’s geopolitical orientation, a recalibration of the U.S.–China balance in the Aegean, and a bold political gamble by Prime Minister Kyriakos Mitsotakis. The Elefsina project reveals a new doctrine in which Athens is no longer merely reacting to global developments — it is actively shaping them.
Thursday will decide who takes the Eurogroup presidency, with Greek Minister Kyriakos Pierrakakis enjoying Mediterranean backing while his Belgian rival faces behind-the-scenes challenges.
A single statement by U.S. Ambassador Tom Barrack at the Doha Forum has reignited one of the deepest rifts in U.S.–Turkey relations: the S-400 missile system and Ankara’s frozen access to the F-35 stealth fighter program. Barrack said the issue is “close to resolution” — and the political firestorm erupted immediately.
Athens is evolving into a year-round destination, with strong investments in boutique hotels, renovations, and service apartments, while challenges such as overtourism and infrastructure gaps remain critical for sustainable growth.
International houses raise price targets, citing double-digit profit growth, credit expansion, and bancassurance potential.