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Remarks by Kyriakos Pierrakakis, President of the Eurogroup, at the Rencontres Économiques

· Kyriakos Pierrakakis, President of the Eurogroup (Euro area (EU))

Summary written by Dark Majestic in its own words · topics: public finances and debt

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· Kyriakos Pierrakakis Wiki · Eurogroup WikiRemarks by Kyriakos Pierrakakis, President of the Eurogroup, at the Rencontres Économiques

ContextRemarks by the Eurogroup President at the Rencontres Économiques d'Aix-en-Provence, a yearly French economic forum.

Why it mattersArgues that Europe must choose the sectors where it builds global champions.

Problems raised
  1. Budgets are constrained in Europe.
  2. Europe lacks global champions.
  3. Choices must be made.
Solutions proposed
  1. Choose where to build European champions.
  2. Target public funds carefully.
  3. Coordinate European economic policy.
Read full speech on consilium.europa.eu ↗

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