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The Independent UK
The Independent UK
National
Via AP news wire

Euro nations seek path between high inflation, weak growth

Copyright 2022 The Associated Press. All rights reserved

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.

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