Finance Minister urges EU to boost competitiveness, defence

Finance Minister Makis Keravnos on Friday called for urgent action to boost European competitiveness and reinforce the EU’s common defence as he arrived at the Economic and Financial Affairs Council (Ecofin) held in Luxembourg.

Keravnos said the European Union is facing “a global climate of political and economic upheavals” which “constantly generates threats and risks”.

Moreover, he underlined the need for the EU to strengthen the single market and take decisions that will enhance its competitiveness...