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Remarks by Paschal Donohoe following the meeting of Eurogroup ministers in inclusive format with the US Treasury Secretary, 16 October 2023

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

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe following the meeting of Eurogroup ministers in inclusive format with the US Treasury Secretary, 16 October 2023

ContextPress remarks in Luxembourg after EU finance ministers met the US Treasury Secretary; the Eurogroup coordinates euro area policies and works on transatlantic economic ties.

Why it mattersMinisters and Yellen discuss closer coordination and joint support for Ukraine.

Problems raised
  1. Russia's war affects the global economy.
  2. Economic policies are not coordinated enough.
  3. Transatlantic challenges are shared.
Solutions proposed
  1. Coordinate economic and financial policies more closely.
  2. Strengthen EU-US cooperation.
  3. Support Ukraine together.
Read full speech on consilium.europa.eu ↗

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