· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 23 February 2024
Read full speech on consilium.europa.eu ↗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
- National capital markets in the EU are shallow.
- Markets are poorly integrated across borders.
- Firms lack access to capital.
Solutions proposed
- Strengthen national capital markets from the bottom up.
- Improve integration from the top down.
- Advance the capital markets union.