Remarks by Paschal Donohoe following the Eurogroup meeting of 15 September 2023
15 September 2023 · Paschal Donohoe , President of the Eurogroup (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability , public finances and debt
PD 15 Sep 2023 · Paschal Donohoe Wiki · Eurogroup Wiki Remarks by Paschal Donohoe following the Eurogroup meeting of 15 September 2023 Context Press remarks in Santiago de Compostela after an informal meeting of euro area finance ministers hosted by Spain; the Eurogroup coordinates economic policies for the single currency.
Why it matters Ministers agree that budgets should stay restrictive so they do not work against the ECB.
Problems raised Inflation remains high. Fiscal policy could fuel inflation. Monetary and fiscal policies must align. Solutions proposed Keep fiscal policy prudent. Pursue a restrictive fiscal stance. Align fiscal policy with monetary policy. Read full speech on consilium.europa.eu ↗ More from Paschal Donohoe · Eurogroup · all speeches
More speeches by Paschal Donohoe Other leaders on monetary policy and interest rates
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