On Friday 15 September in Santiago de Compostela, the President of the Eurogroup, Paschal Donohoe, said that although the euro area economy had lost “a little momentum”, it remained “resilient” despite geopolitical uncertainty and certain monetary policy decisions that were having an impact on the financing conditions of economic operators.
Earlier this week, the European Commission revised its growth forecasts for the euro area downwards compared with the spring, to 0.8% of GDP in...