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EU, Pact suspended until 2023, public support also remains

2021-03-03T12:05:54.667Z


The EU Commission recommends keeping the Stability Pact suspended also in 2022, and continuing with public support for the economy until 2023. (ANSA)


(ANSA) - BRUSSELS, MARCH 03 - The EU Commission recommends keeping the Stability Pact suspended also in 2022, and continuing with public support for the economy until 2023.


   "Preliminary indications suggest continuing to apply the safeguard clause in 2022 and to deactivate it starting from 2023 ", writes Brussels in its communication on the budgetary stance.

Furthermore, Brussels warns against premature withdrawal of public support, "which should be maintained this year and next".


   "There is hope on the horizon for the EU economy, but for now the pandemic continues to harm people and the economy. To mitigate this impact and to promote a resilient and sustainable recovery, our clear message is that fiscal support should continue throughout. the necessary time ": said the vice president of the EU Commission, ValdisDombrovskis, presenting the communication on the budget orientation for the next period. Dombrovskis calls on governments to exploit the Recovery fund, which gives "a unique opportunity to support the economy without burdening the public finances. (ANSA).


Source: ansa

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