Gentiloni Says Budget Rules Need Adjustment, But Not Debt Cancellation

With high expectations to cancel the debt induced by the coronavirus pandemic, European Commissioner Paolo Gentiloni has said that the budgetary rules of the European Union should be more consistent with the higher expected levels of sovereign debt, in his interview with CityAM.

In Europe, debts cannot be canceled“, Agregado Gentiloni said.

.

You may also like