· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 3 October 2022
Read full speech on consilium.europa.eu ↗ContextPress remarks in Luxembourg after a meeting of euro area finance ministers on energy bills; the Eurogroup coordinates economic policies for the single currency.
Why it mattersMinisters warn that inflation risks making societies poorer.
Problems raised
- Inflation risks making societies poorer.
- Policies could add to inflation.
- The ESM needs leadership continuity.
Solutions proposed
- Avoid inflationary policies.
- Target support measures.
- Ensure continuity at the ESM.