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EU Economic Challenges Dominate First Council of Finance Ministers Under Cypriot Presidency

Published January 22, 2026, 10:36
EU Economic Challenges Dominate First Council of Finance Ministers Under Cypriot Presidency

The first EU Council of Finance Ministers under the Cypriot Presidency, led by Finance Minister Makis Keravnos, focused on the challenges facing the European economy. Discussions covered the economic outlook, the implementation of the Recovery and Resilience Plan, the continuation of funding for Ukraine, and international developments, such as the issue of Greenland. The Cypriot Presidency will play a significant role in the implementation of the Recovery Plan, as the period expires in mid-2026.