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Remarks by Paschal Donohoe following the Eurogroup meeting of 11 April 2024

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

Summary written by Dark Majestic in its own words · topics: financial stability, trade, fragmentation and geopolitics, growth, investment and productivity

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 11 April 2024

ContextPress remarks in Luxembourg after a meeting of euro area finance ministers; the Eurogroup coordinates economic policies for the single currency and pushes capital markets union.

Why it mattersMinisters discuss supply chain resilience and low trade within the EU.

Problems raised
  1. Supply chains are vulnerable.
  2. Intra-EU trade is too low.
  3. The single market is incomplete.
Solutions proposed
  1. Strengthen resilience of supply chains.
  2. Increase international partnerships.
  3. Boost intra-EU trade.
Read full speech on consilium.europa.eu ↗

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