The Commissioner for the Economy of the European Union, Paolo Gentiloni, it said on Monday that they will tell eurozone countries in the spring whether or not EU budget rules will remain suspended in 2022, Reuters reported.
“We have to avoid a sharp increase in bad debts in the future,” Gentiloni added. “Careful management of the withdrawal of business support measures will be crucial.”
Market reaction
The EUR / USD pair largely ignored these comments and was last seen trading at 1.2134, where it was up 0.14% on the day.
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