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Remarks by Paschal Donohoe following the Eurogroup meeting of 17 January 2022

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

Summary written by Dark Majestic in its own words · topics: banking regulation and supervision

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 17 January 2022

ContextPress remarks in Brussels after the first meeting of euro area finance ministers in 2022; the Eurogroup coordinates economic policies for the single currency.

Why it mattersMinisters aim to agree banking union steps during 2022.

Problems raised
  1. The Banking Union is incomplete.
  2. National views differ.
  3. Sequencing is unclear.
Solutions proposed
  1. Agree a process to move projects forward.
  2. Sequence Banking Union steps.
  3. Reach agreement during 2022.
Read full speech on consilium.europa.eu ↗

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