Euro nations seek path between high inflation, weak growth

Euro nations seek path between high inflation, weak growth

From apnews.com

Euro finance chiefs on Monday engaged in a high-wire political balancing act prompted by conflicting economic forces: a weaker growth outlook and stronger inflation. Finance ministers from the 19 nations that share the common euro currency pledged continued budgetary stimulus for the European economy amid headwinds caused by the highly transmissible omicron variant. At the same time, they sought to reassure voters by pledging vigilance over sharp price rises. “Am I concerned about inflation? Obviously so,″ Dutch Finance Minister Sigrid Kaag told reporters in Brussels before entering a meeting with her euro zone ... (full story)

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