Brussels
It is a balancing act, imposed by the fear of a relapse in growth under the effect of the Covid.
It consists of supporting the economy in the recovery while stabilizing public finances.
This is the recommendation of the European Commission presented on Wednesday as part of the “European Semester autumn package”.
This call for caution comes barely two weeks after the confirmation of the recovery of the European economy (+ 5% in 2021, + 4.3% in 2022 for the euro zone).
The
"headwinds increasing force us to remain vigilant,"
now says Paolo Gentiloni, Commissioner for the Economy and former Italian Prime Minister (2016-2018).
Inflation and persistent supply chain problems are pointed out.
But it is above all the sharp increase in Covid cases that is worrying.
The European executive calls for
"carefully calibrated policies", in
particular to ensure the solvency of companies.
If it is not necessary to rush into
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