Finance › Speeches › Paschal Donohoe

Introductory remarks of Eurogroup President Paschal Donohoe at Istituto Luigi Sturzo event in Rome, 9 January 2023

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, climate, energy and nature, growth, investment and productivity, technology, ai and cyber risk

PD
· Paschal Donohoe Wiki · Eurogroup WikiIntroductory remarks of Eurogroup President Paschal Donohoe at Istituto Luigi Sturzo event in Rome, 9 January 2023

ContextIntroductory remarks at an event of the Istituto Luigi Sturzo in Rome; the Eurogroup coordinates euro area economic policies and explains them to national audiences.

Why it mattersDonohoe urges withdrawing energy support as prices ease.

Problems raised
  1. Investment needs are pressing in digital, climate and defence.
  2. Energy support measures risk fuelling inflation.
  3. The single market could be undermined.
Solutions proposed
  1. Ensure adequate investment across the euro area.
  2. Withdraw support measures as prices ease.
  3. Protect the single market.
Read full speech on consilium.europa.eu ↗

More from Paschal Donohoe · Eurogroup · all speeches

More speeches by Paschal Donohoe

Other leaders on inflation and price stability