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

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

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

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

ContextPress remarks in Brussels after a meeting of euro area finance ministers; the Eurogroup coordinates economic policies for the single currency and has just agreed priorities for capital markets union.

Why it mattersMinisters agree priorities to give savers better investment options and firms more finance.

Problems raised
  1. Small businesses struggle to access finance.
  2. Investment opportunities are fragmented.
  3. Fiscal rules need implementation.
Solutions proposed
  1. Create attractive investment opportunities for savers.
  2. Improve business access to finance.
  3. Implement the new governance framework.
Read full speech on consilium.europa.eu ↗

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