· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 4 April 2022
Read full speech on consilium.europa.eu ↗ContextPress remarks in Luxembourg after a meeting of euro area finance ministers; the Eurogroup coordinates economic policies for the single currency amid the war in Ukraine.
Why it mattersMinisters stress cohesion as war raises uncertainty.
Problems raised
- War creates high uncertainty.
- Trade conditions are changing.
- Euro area cohesion must be maintained.
Solutions proposed
- Keep trade policy agile.
- Build on pandemic-era unity and coordination.
- Advance the banking union work plan.