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Opening remarks by Paschal Donohoe at the Real Instituto Elcano event - Opportunities for the euro area in the context of the recovery

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

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· Paschal Donohoe Wiki · Eurogroup WikiOpening remarks by Paschal Donohoe at the Real Instituto Elcano event - Opportunities for the euro area in the context of the recovery

ContextOpening remarks at a Real Instituto Elcano event in Madrid; the Eurogroup coordinates euro area economic policies and supports the recovery from Covid.

Why it mattersDonohoe links green and digital investment to deeper integration.

Problems raised
  1. New challenges emerge in the recovery.
  2. Green and digital transitions need funding.
  3. Financial integration is incomplete.
Solutions proposed
  1. Strengthen the Banking Union.
  2. Deepen the Capital Markets Union.
  3. Build on recovery achievements.
Read full speech on consilium.europa.eu ↗

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