Eurogroup meeting, 8 November 2021

Summary:

A meeting of the Eurogroup was held on 8 November 2021. It met in its regular and inclusive format. The agenda included the following items:

• Discussion on the latest macro-economic developments, including inflation, and policy prospects in the Eurozone;
• Exchange of views on energy prices and inflation developments within the Euro area;
• Discussion on policy objectives and the uses of the digital euro in the context of digitalisation in the global economy, and its impact on the Euro area and the common currency;
• Briefing on the international meeting attended by the Eurogroup President - G7 and World Bank and IMF annual meetings;
• Presentation by the European Commission on the relaunched economic governance review, followed by initial discussion on how the Eurogroup could address challenges to the coordination of fiscal and economic policies within the Eurozone and to the functioning of the Economic and Monetary Union (EMU);
• Briefing on the main results of the bi-annual monitoring report on risk reduction indicators;
• Briefing on the preparations for the introduction of the common backstop to the Single Resolution Fund (SRF).

Official

European Commission: Remarks by Commissioner Gentiloni at the Eurogroup press conference (8 November 2021) https://ec.europa.eu/commission/presscorner/detail/en/speech_21_5868

Eurogroup: Remarks by Paschal Donohoe following the Eurogroup meeting of 8 November 2021 https://www.consilium.europa.eu/en/press/press-releases/2021/11/08/remarks-by-paschal-donohoe-following-the-eurogroup-meeting-of-8-november-2021/

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News

Kathimerini, 08/11/2021: Finance Minister travels to Brussels for Eurogroup and Ecofin https://www.ekathimerini.com/news/1171342/finance-minister-travels-to-brussels-for-eurogroup-and-ecofin/

EurActiv, 09/11/2021: Eurogroup ministers discuss economic governance framework https://www.euractiv.com/section/economic-governance/news/eurogroup-ministers-discuss-economic-governance-framework/

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RTÉ News, 08/11/2021: Donohoe to chair November Eurogroup meeting in Brussels https://www.rte.ie/news/business/2021/1108/1258516-eurogroup-meeting-today/

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