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Remarks by Paschal Donohoe following the Eurogroup meeting of 23 February 2024

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

Summary written by Dark Majestic in its own words · topics: growth, investment and productivity

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 23 February 2024

ContextPress remarks from a stadium venue after an informal meeting of euro area finance ministers hosted by Belgium; the Eurogroup coordinates economic policies for the single currency.

Why it mattersMinisters propose building national capital markets as a step toward integration.

Problems raised
  1. National capital markets in the EU are shallow.
  2. Markets are poorly integrated across borders.
  3. Firms lack access to capital.
Solutions proposed
  1. Strengthen national capital markets from the bottom up.
  2. Improve integration from the top down.
  3. Advance the capital markets union.
Read full speech on consilium.europa.eu ↗

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