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Opening remarks by the Eurogroup President, Paschal Donohoe, at the European Parliament's ECON Committee, 19 February 2025

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, public finances and debt, growth, investment and productivity

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· Paschal Donohoe Wiki · Eurogroup WikiOpening remarks by the Eurogroup President, Paschal Donohoe, at the European Parliament's ECON Committee, 19 February 2025

ContextOpening statement at an economic dialogue with the European Parliament's ECON Committee in Brussels; the Eurogroup coordinates euro area economic policies and must account for them to elected members.

Why it mattersThe Eurogroup president presents gradual budget consolidation alongside public investment.

Problems raised
  1. Budgets face challenges.
  2. Inflation must keep falling.
  3. Productivity needs improvement.
Solutions proposed
  1. Follow gradual budget consolidation.
  2. Support public investment.
  3. Pursue structural reforms.
Read full speech on consilium.europa.eu ↗

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