The president of the European Council, Charles Michel, has decided not to convene the Euro Summit on Friday 25 March, preferring to focus EU leaders’ work on the EU’s response to the Russian invasion of Ukraine (see other news).
In his letter to the euro area leaders, Eurogroup President Donohoe notes that, after the Omicron wave of the Covid-19 pandemic, the European economy is underpinned by strong fundamentals to ensure continued growth. However, downside risks from inflationary...