Eurogroup President Kyriakos Pierrakakis told Euronews that fiscal policy across the euro area must complement the efforts of the European Central Bank to contain inflation, after the conflict in the Middle East triggered an increase in energy prices across the bloc.
The ECB is widely expected to raise its key interest rate by 25 basis points to 2.25% on Thursday, as part of the monetary policy overseen by ECB President Christine Lagarde.
