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Remarks by Paschal Donohoe following the Eurogroup meeting of 13 February 2023

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, climate, energy and nature, public finances and debt

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 13 February 2023

ContextPress remarks in Brussels after a meeting of euro area finance ministers on energy markets; the Eurogroup coordinates economic policies for the single currency.

Why it mattersMinisters adapt energy support as prices change.

Problems raised
  1. Energy prices are changing.
  2. Inflation remains high.
  3. Budget support must adapt.
Solutions proposed
  1. Adjust budgetary support to energy prices.
  2. Target support measures.
  3. Coordinate fiscal policy.
Read full speech on consilium.europa.eu ↗

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