· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 13 March 2023
Read full speech on consilium.europa.eu ↗ContextPress remarks in Brussels after a meeting of euro area finance ministers; the Eurogroup coordinates economic policies for the single currency amid high inflation.
Why it mattersMinisters warn against permanent measures that widen deficits.
Problems raised
- Debt must stay sustainable.
- Permanent deficit-increasing measures are risky.
- Green and digital transitions need funding.
Solutions proposed
- Pursue fiscal policies for debt sustainability.
- Avoid permanent deficit increases.
- Design budget measures carefully.