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EU Economy & Finance Profile picture
EU Economy & Finance
@ecfin
Official @EU_Commission account | @PaoloGentiloni | #DeepeningEMU #ECForecast #EuropeanSemester RT/Follow ≠ endorsement
Aric Profile picture 1 subscribed
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

#Eurogroup #COVID19