Official @EU_Commission account on EU 🇪🇺 economy and finances
#NextGenerationEU #ECForecast #EuropeanSemester #InvestEU #EUBEF24
RT/Follow ≠ endorsement
Mar 16, 2020 • 5 tweets • 4 min read
"It is clear that this health crisis will take a severe toll on our economies. Behind the market data is the jobs and livelihoods of our citizens. Our policy response needs to match the gravity of the situation." - @PaoloGentiloni, #Eurogroup press conference
#COVID19
"The fiscal measures at national & EU level amount to about 1% of GDP for 2020 and these figures will surely become larger very soon. In addition to this there is the significant impact of automatic stabiliser." - @PaoloGentiloni