Member states should continue implementing structural reforms

Speaking at the Macroeconomic Dialogue (MED) at political level on 11 February Director General, Markus J. Beyrer emphasised that despite financial market turbulence, the gradual recovery of the EU and Euro-area is expected to continue. However, given continuing geopolitical uncertainties, which can weigh on business confidence, it is important that member states continue to press ahead with the implementation of structural reforms. It is clear that countries such as Ireland, Spain and Latvia, which undertook structural reforms in the past, have now begun to reap the benefits.

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