Eurogroup Discusses Global Economic Uncertainty and Financial Sector Resilience

Kyriakos Pierrakakis, President of the Eurogroup, highlighted the new norm of uncertainty in the global economy, with the situation in the Middle East impacting international markets and creating challenges for Europe. Discussions at the Eurogroup meeting on November 9, 2026, also focused on the transformative effects of artificial intelligence and digitalization on the financial sector, emphasizing new risks to cybersecurity and operational resilience, and the ongoing need to complete the Banking Union to strengthen financial stability.