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22
Oct 2026
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Pierrakakis at Eurogroup: Measures must be fair & effective, with priority for the most vulnerable households and businesses

Today's Eurogroup meeting was held via teleconference instead of the scheduled meeting in Cyprus, which was cancelled due to developments in the Middle East

Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing

Continued tension in the Middle East pushed crude to a new high of nearly 6%, with markets worried about new supply disruptions and prolonged energy instability

IMF: Scenarios for new country funding due to War – World Bank on alert

The International Monetary Fund (IMF) is examining potential scenarios for supporting countries as the war drives up energy costs, strains public finances, and increases risks to global growth – Damages to critical infrastructure are also a concern for the World Bank

Recovery Fund: Green light from the Commission for a new tranche of €1.18 billion to Greece, 68.5% of total disbursements

Greece has completed 20 milestones and 6 targets to secure the seventh payment - The period until August for the last installments is crucial

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