· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 9 October 2025
Read full speech on consilium.europa.eu ↗ContextPress remarks in Luxembourg after a monthly meeting of euro area finance ministers; the Eurogroup coordinates national economic policies for the single currency and must reconcile budget discipline with new spending needs.
Why it mattersEuro area ministers prepare the review of 2026 draft budgets and capital markets work.
Problems raised
- Budget policies need coordination.
- Capital markets remain fragmented.
- Draft budgets are still to be reviewed.
Solutions proposed
- Keep coordinating budget policies.
- Advance capital markets work.
- Prepare the review of draft budget plans.