Remarks by Paschal Donohoe following the Eurogroup meeting of 15 May 2023
15 May 2023 · Paschal Donohoe , President of the Eurogroup (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: banking regulation and supervision
PD 15 May 2023 · Paschal Donohoe Wiki · Eurogroup Wiki Remarks by Paschal Donohoe following the Eurogroup meeting of 15 May 2023 Context Press remarks in Brussels after a meeting of euro area finance ministers on the Commission's spring forecast; the Eurogroup coordinates economic policies for the single currency.
Why it matters Ministers respond to the Commission's proposals to complete the banking union.
Problems raised The Banking Union is incomplete. Banking systems need strengthening. Commission proposals must be acted on. Solutions proposed Act on Commission Banking Union initiatives. Strengthen crisis management. Reinforce banking systems. Read full speech on consilium.europa.eu ↗ More from Paschal Donohoe · Eurogroup · all speeches
More speeches by Paschal Donohoe Other leaders on banking regulation and supervision
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