On Thursday 9 November, the finance ministers of the euro area countries will review their national budgetary policies against a macroeconomic backdrop of slowing growth and falling inflation.
With the macroeconomic situation consistent since the summer, the political message remains: the euro area economy is “resilient” and, even if the Eurogroup is aware that “clouds are gathering”, there is “no reason to expect a prolonged recession”, said a European source on...