Brussels (EuroEFE).- The Eurogroup, comprising the finance ministers of the eurozone, is set to review current economic prospects amid global trade tensions. The session will feature IMF Managing Director Kristalina Georgieva, who will present a report on the strengths and weaknesses of the eurozone economy. The report highlights challenges such as trade tensions and global uncertainty, which are affecting growth. However, a gradual recovery is anticipated, supported by increased spending on security, defense, and infrastructure. The IMF’s analysis also addresses the stability of Europe’s financial sector and evaluates internal barriers within the single market. Recommendations aim to align legislation, complete the capital markets union, and improve professional qualification recognition. Additionally, the Eurogroup is expected to initiate the process for selecting a new president starting July 12, with Ireland’s Paschal Donohoe seeking re-election.
— new from EFE – Agencia de noticias
