President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe, will travel to France today. On 6-7 July he will have bilateral meetings in Paris with the OECD Secretary General Mathias Cormann, the French Minister of Finance Bruno Le Maire, and the Minister of State for Europe Laurence Boone. This will be an opportunity to exchange views on the euro area economic outlook and challenges for national budgetary policies. Minister Donohoe also intends to discuss other key work priorities, including fiscal policy coordination, strengthening the Banking Union, the digital euro and work on the future of European financial and capital markets.
On 8 July, Minister Donohoe will participate in the Rencontres Économiques d’Aix-en-Provence, an economic forum organized by Le Cercle des économistes, which brings together politicians, business leaders, academics, international organisations, NGOs, and students. He will participate in a panel session dedicated to the topic of “Sustainable growth, do we really have a choice?”, where he will give his perspective on many of the key current and future economic challenges.
Ahead of his visit Minister Donohoe stated:
“I look forward to a busy few days in France where I will have a number of important bilateral meetings with the French Government and the OECD and I will also have the opportunity to participate in the Rencontres Économiques d’Aix-en-Provence economic forum. I put great value in these engagements and I look forward to exchanging views with the French Finance Minister Bruno Le Maire on the main priorities on the Eurogroup agenda. We are at a challenging juncture, with a more complex economic environment and associated policy choices and trade-offs. Budgetary policy coordination among euro area member states is integral to the work of Eurogroup and I also look forward to discussing these matters as well as other key files during my visit to France.”
ENDS