Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης
Προσθήκη του ot.gr στην
Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης
Προσθήκη του ot.gr στην GoogleGreek National Economy and Finance Minister and Eurogroup President Kyriakos Pierrakakis called for a more integrated and competitive European economy, warning that Europe cannot afford further delays as investment needs rise and global competitors move ahead.
“Europe must move now, because competitors, investment and technology are not waiting,” Pierrakakis said during a speech at the Eurofin Financial Forum in Dublin.
He said Europe’s investment needs were also increasing dramatically in areas including defense, energy, artificial intelligence, digital infrastructure, innovation and the green transition.
Public finances cannot fund investment alone
Pierrakakis said sound public finances remained the foundation of sustainable economic strength, but argued that national budgets alone could not finance investments on the required scale.
Europe, he said, had not yet created a financial system capable of effectively mobilizing its savings at the European level and directing them toward businesses, innovation and investment.
He pointed to the Savings and Investment Union as an effort to connect European savings more effectively with European investment and create deeper, more integrated financial markets.
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