Remarks by Paschal Donohoe following the Eurogroup meeting of 12 May 2025
12 May 2025 · Paschal Donohoe , President of the Eurogroup (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics
PD 12 May 2025 · Paschal Donohoe Wiki · Eurogroup Wiki Remarks by Paschal Donohoe following the Eurogroup meeting of 12 May 2025 Context Press remarks in Brussels after a meeting of euro area finance ministers; the Eurogroup coordinates economic policies for the single currency amid US tariff uncertainty.
Why it matters Euro area ministers react to rising trade tensions and review whether the ESM's crisis tools remain fit for purpose.
Problems raised Trade and geopolitical tensions are high. The ESM toolkit must stay fit for purpose. External challenges are significant. Solutions proposed Work to reduce trade tensions. Review the ESM toolkit. Deliver the euro area policy agenda. Read full speech on consilium.europa.eu ↗ More from Paschal Donohoe · Eurogroup · all speeches
More speeches by Paschal Donohoe Other leaders on trade, fragmentation and geopolitics
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