Economy · Cyprus

Pirarakis urges Eurogroup to focus on artificial intelligence and cybersecurity

4 sourcesFirst reported 20 days agoUpdated 20 days ago

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Kyriakos Pierrakakis, the President of Eurogroup, emphasized the need for the Eurogroup to focus on artificial intelligence, technological innovation, and cyber-security.
He plans to propose a dedicated workstream on artificial intelligence during the upcoming Eurogroup meetings.
Pierrakakis stated that Europe must significantly strengthen its strategy in technology and digital advancements related to the financial sector.
His interview with Politico highlighted the importance of establishing technological sovereignty in Europe.
The suggestions come as part of a broader initiative to enhance Europe's position in global technological discourse.

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In a recent interview with Politico, Kyriakos Pierrakakis, the President of the Eurogroup and Greek Minister of Finance, emphasized the need for the Eurogroup to focus on artificial intelligence (AI) and cybersecurity in its agenda. He highlighted that Europe must decisively strengthen its strategy in these areas, particularly in technology, innovation, and digital developments in the financial sector.

Pierrakakis announced plans to propose the establishment of a dedicated task force within the Eurogroup to address issues relating to AI and technological sovereignty. He articulated that prioritizing these domains is crucial for Europe to remain competitive and innovative amid rapid technological advancements. This strategic shift aims to bolster the continent's readiness to tackle the challenges presented by evolving technology.

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Pirarakis urges Eurogroup to focus on artificial intelligence and cybersecurity

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