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Speech by Eurogroup President, Paschal Donohoe, at the European Movement Ireland and Konrad Adenauer Stiftung event “Europe’s Economy in Troubled Times”

· 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 WikiSpeech by Eurogroup President, Paschal Donohoe, at the European Movement Ireland and Konrad Adenauer Stiftung event “Europe’s Economy in Troubled Times”

ContextSpeech at a European Movement Ireland and Konrad Adenauer Stiftung event; the Eurogroup coordinates euro area economic policies through an energy and inflation crisis.

Why it mattersDonohoe warns that broad support measures could add to inflation.

Problems raised
  1. Inflation is high.
  2. Broad support measures can add to demand.
  3. Debt challenges are growing.
Solutions proposed
  1. Make support more targeted.
  2. Avoid policies that add to inflation.
  3. Stay vigilant on debt.
Read full speech on consilium.europa.eu ↗

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