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'Europe at a crossroads: navigating the challenges ahead' - speech by the Eurogroup President, Paschal Donohoe, at the Hertie School of Governance

· Paschal Donohoe, President of the Eurogroup (Euro area (EU))

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· Paschal Donohoe Wiki · Eurogroup Wiki'Europe at a crossroads: navigating the challenges ahead' - speech by the Eurogroup President, Paschal Donohoe, at the Hertie School of Governance

ContextLecture at the Hertie School's Jacques Delors Centre in Berlin; the Eurogroup coordinates euro area economic policies and faces new defence and competitiveness demands.

Why it mattersThe Eurogroup president links new defence needs to fiscal rules and deeper capital markets.

Problems raised
  1. Europe is at a crossroads.
  2. Defence and security pressure budgets.
  3. Capital markets are fragmented.
Solutions proposed
  1. Adapt fiscal policy to new needs.
  2. Deepen capital markets.
  3. Coordinate economic policies.
Read full speech on consilium.europa.eu ↗

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