Eurogroup

The Eurogroup is an informal meeting of finance ministers from countries that use the euro as their currency. It focuses on economic policy coordination, financial stability, and decisions affecting the eurozone, such as matters related to the European Central Bank and economic reforms. The group allows member countries to discuss shared economic challenges and collaborate on policies to promote growth and stability. While it does not have formal legislative power, its discussions can influence decision-making in the broader European Union. The Eurogroup plays a crucial role in managing the economic interests of euro-using nations.