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Remarks by Paschal Donohoe following the Eurogroup meeting of 15 June 2023

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, 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 15 June 2023

ContextPress remarks in Luxembourg after the meeting marking 25 years of the Eurogroup; the Eurogroup coordinates economic policies for the single currency amid high inflation.

Why it mattersMinisters mark twenty-five years of coordination while inflation falls.

Problems raised
  1. Fiscal policies must be coordinated while inflation falls.
  2. Growth and living standards need support.
  3. The euro must stay resilient.
Solutions proposed
  1. Coordinate fiscal policies across the euro area.
  2. Support the fight against inflation.
  3. Strengthen the euro for the long term.
Read full speech on consilium.europa.eu ↗

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