(Finance) – Today by the Finance Ministers of the Euro area “There was a clear recognition “ of the fact that The balance DEl framework on security “moved. And the further need to increase the Defense expenses in the coming years “. This was stated by the president of the Eurogroup, PASCHAL DONOHOE, in the press conference at the end of today’s meeting.
“It is not a question of loosening the rules” of Stability and growth pact “But to use the rules in vigor that allow flexibility “, has added regarding the hypothesis of doing use of additional flexibility clause.
At the Eurogroup of today “the main discussion concerned the macroeconomic prospects, also for the implications of the different uncertain situations and during developments. Recent ads from the US administration show that the commitments on the trans -establishment partnership cannot be taken for granted. And we regret recent ads “ of the US on duties “but we are ready to respond in a decisive and proportional way,” said Dombrovskis according to which the announcements on the duties “They already have a negative impact on the global economy, also for the USA, but the EU is also involved, because the duties undermine investments and reduce the prospects of the economy “.
In the meantime the “Energy prices They have increased again in recent months. However, despite these challenges, the conditions for a gradual recovery during the year remain. The labor market is expected to remain resilient and the disinflation process should remain on the road. Overall, we expect the European economy to grow slightly below the forecasts of autumn scrorso and the uncertainty is particularly high, “he continued.” The eurozone must prepare for exceptionally uncertain context and we must take on greater responsibility for our safety And defense. We have to act now – he concluded – To ensure our long -term prosperity “.