· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 16 January 2023
Read full speech on consilium.europa.eu ↗ContextPress remarks in Brussels after a long meeting of euro area finance ministers; the Eurogroup coordinates economic policies for the single currency amid an energy crisis.
Why it mattersMinisters aim to keep the slowdown mild while protecting the vulnerable.
Problems raised
- Inflation is high.
- The economy is slowing.
- Vulnerable people are hit hardest.
Solutions proposed
- Bring inflation down.
- Keep the slowdown mild and short.
- Protect the most vulnerable.