Sentences with phrase «euro area reforms»

Padoan participated in an on - stage panel discussion focusing on euro area reforms at the IMF alongside Eurogroup President Mario Centeno, German Finance Minister Olaf Scholz and former U.S. Treasury Secretary Jack Lew.

Not exact matches

It is, therefore, a good bet that the triad of fiscal austerity, short - term growth - stifling structural reforms and seemingly intractable problems of a weak banking system will soon lead to the downward revision of the ECB's long - standing growth forecast for the euro area.

Even an intensifying of the ongoing euro - area financial crisis, which could occur, the bank says, because there are signs Europeans are becoming weary of austerity and reforms.

Under the Ashdown formula, the Liberal Democrats have worked with Labour on areas of mutual interest, such as constitutional reform, but have opposed the Government in other areas such as spending on health and education and preparation for the euro.

Moreover the Economic and Monetary Union should be reformed and deepened, there should be greater euro area integration with financial solidarity, a true banking union, the definition of a convergence strategy — notably from the fiscal and social points of view — all of which based on greater democratic legitimacy — notably with stronger involvement on the part of the national parliaments and the European Parliament.