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Donohoe (Eurogroup): There is a way to avoid a recession in the eurozone

There is a risk of a recession in the eurozone but it can be avoided with proper support and fiscal policy, said Eurogroup chief Paschal Donohoe. While the energy crisis and security developments could affect economic performance,...

Gentiloni: Extension of escape clause leaves room for fiscal policy to react to pressures

Eurogroup President Pascal Donahue and European Economic Commissioner Paolo Gentiloni warned of serious dangers from the war in Ukraine at a news conference after the Eurogroup meeting. "It is clear that the impact of the war...

Gentiloni: Extension of escape clause leaves room for fiscal policy to react to pressure

Eurogroup President Pascal Donahue and European Economic Commissioner Paolo Gentiloni warned of serious dangers from the war in Ukraine at a news conference after the Eurogroup meeting. "It is clear that the impact of the war...

Donahue-Gentiloni: Growth slows due to war, not recession

LAST UPDATE 21:40 The growth rate of European economies will slow down this year due to the war in Ukraine, warned the President of the Eurogroup, Pascal Donahue, although he noted that "we continue to see positive...

Mandate for support measures with ‘measure’ by Eurogroup

By Tasos Dasopoulos Eurozone finance ministers agreed yesterday to phase out support for European economies in the two years 2020-2021, after the common finding that the recovery of the Eurozone is faster than expected. ...

Gentiloni-Donahue: Greece’s progress significant, delays linked to pandemic

After the meeting of the Eurozone Finance Ministers, the Minister of Economy, Paolo Gentiloni, and the President of the Eurogroup, Pascal Donahue, expressed their satisfaction with the progress made by Greece in the implementation of the...