The president of the Eurogroup, Paschal Donohoe, detailed the work of the euro area finance ministers in the first half of 2022 in a letter sent on Tuesday 21 June to the euro area leaders who will meet on Friday 24 June in Brussels.
Mr Donohoe points to the “very high uncertainty” surrounding the macroeconomic situation, with the Russian invasion of Ukraine causing a slowdown in growth in the 19 euro area members combined with a surge in inflation through higher energy prices.
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