Bloomberg Talks
Eurogroup President Paschal Donohoe on EU's Economic Outlook
May 17, 2024
Eurogroup President Paschal Donohoe discusses the Euro area's economic outlook, growth acceleration needs, energy-related risks, stalled capital markets union efforts, political shifts in the EU, and challenges in creating a unified capital market within the Eurogroup.
07:51
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Quick takeaways
- Despite concerns of recession, Euro Area President predicts growth acceleration in the coming year.
- Eurogroup focuses on capital markets union for fueling growth, emphasizing the need for European savings.
Deep dives
Euro Area Growth Outlook and Inflation Risks
Euro Area President discusses the growth outlook, highlighting growth acceleration in the coming year despite past concerns about recession. Inflation risks are discussed, focusing on supply-driven and demand-driven factors, with particular attention to potential supply-side shocks impacting progress.
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