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Remarks by Paschal Donohoe following the Eurogroup meeting of 9 September 2022

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, public finances and debt

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the Eurogroup meeting of 9 September 2022

ContextPress remarks in Prague after an informal meeting of euro area finance ministers hosted by Czechia; the Eurogroup coordinates economic policies for the single currency amid an energy crisis.

Why it mattersMinisters seek to help households without adding to inflation.

Problems raised
  1. Inflation is high.
  2. Households and businesses need help.
  3. Fiscal measures could add to inflation.
Solutions proposed
  1. Coordinate with the ECB.
  2. Avoid adding to inflation.
  3. Help households and businesses.
Read full speech on consilium.europa.eu ↗

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