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The European Commission and the European Central Bank provided their assessment of the latest macroeconomic and fiscal developments and outlook, followed by a discussion of ministers.
Our efforts are now bearing fruit, inflation has indeed come down a lot. Over time this will be very positive for households and for businesses. We can see that our economies are performing much better than we would have expected, considering the many shocks that we've had to deal with. We have record levels of employment in the euro area, which is indeed a historic achievement.
Paschal Donohoe, President of the Eurogroup
Update on G7
Italy, as G7 presidency, provided an update on the latest discussions in the G7