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Coronavirus: Centeno, ready for stimuli

2020-03-04T16:00:29.571Z


"Given the potential impact" of the coronavirus "on growth, including the impact on distribution chains, the Eurogroup remains ready to use any policy tool to support growth", including "budget measures" taking into account the .. . (ANSA)


(ANSA) - BRUSSELS, MARCH 4 - "Given the potential impact" of the coronavirus "on growth, including the impact on distribution chains, the Eurogroup remains ready to use all policy tools to support growth", including "balance sheet measures" taking considering the specific circumstances of the countries ": said the president of the Eurogroup MarioCenteno explaining that" In the Stability Pact we have the flexibility to provide the necessary response "to the Coronaviruse" we have the clause for exceptional events that can be used to allow countries to deviate temporarily, equesta will be fully utilized ". The discussion in mid-March will therefore cover" the whole range of fiscal, financial and structural policies that serve to safeguard the well-being of citizens and counteract the negative effect of the Coronavirus on growth ".

Source: ansa

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