· Paschal Donohoe Wiki · Eurogroup WikiOpening remarks by Paschal Donohoe at the European Parliament's ECON Committee, 2 February 2022
Read full speech on consilium.europa.eu ↗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 warns that stifling growth would harm debt sustainability.
Problems raised
- The recovery must be sustained.
- Debt must stay sustainable.
- Stifling growth harms debt sustainability.
Solutions proposed
- Use NGEU to reform and invest.
- Maintain policy coordination.
- Support growth and investment.