The Limited Times

Now you can see non-English news...

Ukraine: Gentiloni, towards a cut of EU economic estimates

2022-05-09T15:41:06.823Z


"The economic prospects" of the EU "are again clouded by uncertainty" and "it is clear that the war will have a significant economic impact and that our previous forecasts will have to be cut". (HANDLE)


(ANSA) - ROME, MAY 09 - "The EU's" economic prospects are again clouded by uncertainty "and" it is clear that the war will have a significant economic impact and that our previous forecasts will have to be cut ".

This was stated by the economic commissioner for the economy, Paolo Gentiloni, at the Europe Day Conference in Lisbon, underlining that the war in Ukraine forced the EU to revise the 4% growth estimates presented in January.

"We must maintain agile and reactive fiscal policies, just as we did during the pandemic", remarked Gentiloni, recalling that the Commission will provide updated guidelines for national budget policies for 2023 at the end of the month. (ANSA).


Source: ansa

All life articles on 2022-05-09

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.