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Eurogroup
Eurogroup, 7 November 2022
The Eurogroup discussed the coordination of budgetary measures to mitigate the impact of high energy prices
Main results
Economic developments in and outlook for the euro area
The Eurogroup exchanged views on the latest economic developments in and the outlook for the euro area, following presentations by the European Commission and the European Central Bank (ECB).
Fiscal policy in the euro area: update on draft budgetary plans
Following a presentation by the Commission, ministers exchanged views on the broad picture emerging from the draft budgetary plans submitted by the member states. Ministers intend to return to this topic at the December Eurogroup meeting.
Budgetary measures to mitigate the impact of high energy prices
Following the Eurogroup statement of 3 October 2022 on the fiscal policy response to high energy prices and inflationary pressures, and with input from the Commission, ministers continued their discussion on the challenges they face with regard to measures at national level to cushion the impact of high energy prices on vulnerable households and businesses.
Through the work of the Commission, we took stock of the measures and analysed their impact as these