Euro-area finance ministers will take stock of the economic situation and initiatives designed to strengthen the European banking sector in Stockholm on Friday, 28 April.
Contrary to fears expressed last autumn, the hypothesis that there would be a short recession in the euro area at the beginning of 2023 has now been dismissed, since euro-area economies have withstood the energy crisis exacerbated by Russia’s aggression in Ukraine better than expected. Inflation, which is still too...