He highlighted the quality of public finances, the taxation system, and the role of education and training to build new growth and make the Euro-area more robust.

Both Benoit Coeure, an executive board member at the European Central Bank (ECB), and Klaus Regling, managing director of the European Stability Mechanism, expressed their confidence in the resilience of the eurozone, calling for hand-in-hand structural reform and a smoother transition.

The Eurogroup conference took place on the first day of the two-day informal meeting of European Union (EU) economic and financial affairs ministers to discuss financial and tax issues related to innovation and the digital economy, which is one of the priorities of the current Estonian Presidency of the Council of the EU, the rotating six-month position the country assumed in July.

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