The leaders of Germany and France agreed to create a Eurozone budget they hope will boost investment and provide a safety mechanism for the 19 nations using the euro currency, and also to seek a European solution to migration issues.
Protesters outside Greece's parliament threw boxes of fish at police ahead of a vote that approved new austerity measures.
A deal next week on unblocking new loans for Greece is seen as crucial to prevent Athens from defaulting on debts due in July.
Greece's economy expanded in the first three months of 2017, upwardly revising a previous flash estimate in May that showed a 0.1 percent quarterly contraction.
Athens needs funds to repay 7.5 billion euros of debt maturing in July
The International Monetary Fund and eurozone government lenders need more time to reach an agreement on debt relief for Greece.
The Commission is recommending that EU member states endorse the fine for "statistical misrepresentation."
Jeroen Dijsselbloem, the eurozone's top official, said they will work with Greek authorities on an additional package of structural reforms to be made by the cash-strapped country.
The British vote to leave the European Union has dominated the economic headlines since last summer’s referendum and overshadowed the fear that Greece — the EU’s most vulnerable and debt-laden country — would crash out of the Eurozone. But could Grexit be poised for a comeback?
European Union officials urged Greece and its lenders to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens.
The Rome government has already won approval from the European Commission to use the mechanism for an 8.8 billion euro bailout of Monte dei Paschi di Siena, the world's oldest bank.
The size of Greece's primary budget surplus was the among topics of discussion at a meeting of key players in the country's bailout and reform program.
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