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Remarks by Paschal Donohoe, President of the Eurogroup, at Les Rencontres Économiques d’Aix-en-Provence, 8 July 2023 at the plenary session on “Sustainable Growth, do we really have a choice?”

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

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, growth, investment and productivity

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· Paschal Donohoe Wiki · Eurogroup WikiRemarks by Paschal Donohoe, President of the Eurogroup, at Les Rencontres Économiques d’Aix-en-Provence, 8 July 2023 at the plenary session on “Sustainable Growth, do we really have a choice?”

ContextRemarks at a plenary of Les Rencontres Économiques d'Aix-en-Provence on sustainable growth; the Eurogroup coordinates euro area economic policies and balances growth and green goals.

Why it mattersDonohoe argues that green growth must also address today's hardships such as housing.

Problems raised
  1. Today's hardships compete with long-term needs.
  2. Housing is unaffordable for many families.
  3. Sustainable growth feels distant to citizens.
Solutions proposed
  1. Reconcile present challenges with future investment.
  2. Explain the case for sustainability to citizens.
  3. Pursue growth that is both green and inclusive.
Read full speech on consilium.europa.eu ↗

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