Minister for Public Expenditure, NDP Delivery, and Reform and President of the Eurogroup Paschal Donohoe is in Brussels today to chair the March Eurogroup meeting of European Finance Ministers.
The Minister will also tomorrow attend part of the Economic and Financial Affairs Council (ECOFIN) meeting to debrief on Eurogroup discussions.
The Eurogroup meeting will discuss macroeconomic and fiscal developments with a focus on budgetary policy.
It will also prepare Ministers for the upcoming Spring meetings of the World Bank and the International Monetary Fund with a focus on global economic developments and exchange rates.
The Eurogroup also plan to discuss the main drivers of inflation, while the fourth agenda item includes a discussion on euro area specific aspects of the economic governance review.
"The March Eurogroup meeting has a busy agenda with a lot of ground to be covered from economic developments, to budgetary policy, the economic governance review and the digital euro. A key objective will be to agree a statement on budgetary policy guidance for 2024," Mr Donohoe said.
"Eurogroup members have coordinated their fiscal policies very closely to date on the basis of a strong consensus and this approach has worked, so I will be looking for us to again provide clarity and strong messaging as Ministers prepare budgets for next year," he added.
