On December 11, local time, Greek Finance Minister Kyriakos Pierakakis was elected Eurogroup chairman. The Eurogroup was founded in 1997 and played a key role in formulating economic policies during the Eurozone crisis in the 2010s. However, its influence has waned in recent years as economic conditions in the Eurozone have improved.

On December 11, local time, Greek Finance Minister Kyriakos Pierakakis was elected Eurogroup chairman. The Eurogroup was founded in 1997 and played a key role in formulating economic policies during the Eurozone crisis in the 2010s. However, its influence has waned in recent years as economic conditions in the Eurozone have improved.