ContextOpening statement at an economic dialogue with the European Parliament's ECON Committee; the Eurogroup coordinates euro area economic policies and must account for them to elected members.
Why it mattersDonohoe calls for completing deposit insurance and bank crisis rules.
Problems raised
Inflation is still too high.
Debt must be kept sustainable.
The Banking Union is incomplete.
Solutions proposed
Bring inflation down while preserving stability.
Pursue prudent fiscal policies that raise potential growth.
