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Remarks by Paschal Donohoe following the Eurogroup meeting of 14 March 2022

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

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 14 March 2022

ContextPress remarks in Brussels after a meeting of euro area finance ministers weeks after Russia's invasion of Ukraine; the Eurogroup coordinates economic policies for the single currency.

Why it mattersMinisters stay agile as war hits the recovery.

Problems raised
  1. War has hit a recovering economy.
  2. Uncertainty and risks are high.
  3. Policy must adapt quickly.
Solutions proposed
  1. Stay agile and flexible.
  2. Monitor the situation closely.
  3. Coordinate national plans.
Read full speech on consilium.europa.eu ↗

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