15/01/2024 (Agence Europe) – On Monday 15 January, the Eurogroup approved the draft economic and fiscal policy recommendations for the euro area in 2024, which recommends a “contractionary” fiscal stance at euro area level of 0.5% of GDP (see EUROPE 13325/12). It advocates prudent national fiscal policies, conducive to the consolidation of public finances, while increasing public investment in the digital and green transitions. Its President, Paschal Donohoe, said that there was “broad agreement” between the ministers on fiscal policy “for 2024 and beyond”, noting that the recommendation would also be discussed and validated this Tuesday by the Ecofin Council. (MB)