Finance › Speeches › Paschal Donohoe

Remarks by Paschal Donohoe following the Eurogroup meeting of 20 January 2025

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

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, technology, ai and cyber risk

PD
· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 20 January 2025

ContextPress remarks in Brussels after the first meeting of euro area finance ministers in 2025; the Eurogroup coordinates economic policies for the single currency and sets its yearly priorities.

Why it mattersEuro area ministers make the digital euro legal framework a priority for the year.

Problems raised
  1. The euro must stay fit for a fast-changing digital payments world.
  2. Economic uncertainty weighs on the euro area.
  3. Legislation on the digital euro is still under negotiation.
Solutions proposed
  1. Advance work on the digital euro legal framework.
  2. Coordinate economic policies among euro members.
  3. Keep supporting the euro's role in payments.
Read full speech on consilium.europa.eu ↗

More from Paschal Donohoe · Eurogroup · all speeches

More speeches by Paschal Donohoe

Other leaders on payments, digital money and crypto-assets