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Greece's Economic Comeback: How a Young Leader Made a Difference

Greece, AthensTuesday, December 16, 2025
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Kyriakos Pierrakakis, the new head of the Eurogroup, is a big deal for Greece. Not too long ago, Greece was seen as the weakest link in Europe. But now, with Pierrakakis at the helm, things are looking up.

A Remarkable Turnaround

  • Age: Only 42
  • Achievement: Helped Greece go from big deficits to a budget surplus in 2024
  • Exclusivity: Only six EU countries achieved this

Pierrakakis is known for his hard work and dedication. He's not the type to just talk about changes; he makes them happen. He's been a key player in Greece's economic growth over the past four years, which has been nearly double the EU average.

A Historic Win for Greece

  • First Greek Eurogroup Head since 1981
  • Represents 20 Eurozone countries at World Bank, G7, and G20

The Journey to Success

  • Background: Grew up in a middle-class neighborhood in Athens
  • Education: Studied at Harvard and MIT in the US
  • Values: Hard work and humility, learned from his family

A Crucial Partnership

  • Relationship with Prime Minister Kyriakos Mitsotakis
  • Bonded over a shared vision for Greece
  • Worked together to improve the country

Personal Life

  • Married with three kids
  • Values family time
  • Known for his modesty and avoids the spotlight

Pierrakakis's journey is a testament to what hard work and dedication can achieve.

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