Paschal Donohoe, the President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery and Reform, is in Luxembourg today to chair the October Eurogroup meeting.
At today's meeting, the Eurogroup will discuss the digital euro project, where Ministers will focus on the key political considerations shaping the digital euro within the broader European payment systems.
Today's meeting will also focus on the competitiveness of the European economy building on previous discussions on how to enhance productivity, innovation and investment in the euro area.
Ministers will also prepare the upcoming annual meetings of the World Bank Group and the International Monetary Fund and take stock of economic and exchange rate developments over the past months.
Mr Donohoe will then tomorrow attend the Council meeting of EU Finance Ministers to debrief on the work of the Eurogroup.
"I look forward to our October Eurogroup meeting as we continue discussions on how to enhance the competitiveness of the euro area, a topic that has received significant political attention in recent months," Paschal Donohoe said.
"Following-up on our Eurogroup statement on the future of the Capital Markets Union, I look forward to welcoming EIB President, Nadia Calviño, who will share with us the initiatives she is leading on to deepen capital markets in the EU," he said.
"We need to improve the financing conditions for our innovative start-ups and entrepreneurial companies as part of our work on capital markets. We will also have an exchange of views on the digital euro project and how it fits the current European payments landscape," he added.
