Brussels, 13 March 2025
The President of the Eurogroup, Paschal Donohoe, has sent a letter to the President of the Euro Summit, António Costa, to report on the recent work by the Eurogroup and upcoming work priorities.
The report takes stock of the economic situation in the euro area, fiscal policy and coordination, the importance of a coordinated strategy to enhance competitiveness, boost productivity and growth, and moving forward with the Capital Markets Union as a key driver. It also highlights the need to accelerate progress on the digital euro to maintain Europe’s strategic autonomy.
The euro area economy remains resilient amidst global uncertainty. Maintaining stable public finances is key to securing the resources we need for our strategic priorities. To meet future financing needs, we must move from words to action on the Capital Markets Union. We need ambition, implementation, and impact. Delivering a digital European payment solution is now imperative to securing Europe’s strategic autonomy. A strong euro area economy is an anchor for stability and security across our continent.
Paschal Donohoe, President of the Eurogroup
Read the letter