Eurogroup

Gramegna: Avoid 'complacency trap' as Europe grows

Minister's comments made in letter setting out bid to become Eurogroup head.

04.12.2017

The eurozone is recovering from the financial and sovereign debt crises a decade ago, and it must still be diligent about any problems ahead, Luxembourg Finance Minister Pierre Gramegna said as he bids to become Eurogroup president on Monday.

His comments – which cited improving labour markets, "solid and broadening economic expansion" and 19 consecutive quarters of economic growth – were made in his application letter to become president of the Eurogroup.