European Union Commissioner for Economic Affairs Paolo Gentiloni wants to set debt limits on an individual basis for the bloc’s member states as part of a proposed reform of the EU Stability Pact, which he intends to present in mid-2022, he told the German Frankfurter Allgemeine Zeitung newspaper, according to Reuters. Gentiloni called for a […]
Tag: Paolo Gentiloni
Gentiloni: Wants to set debt limits on a separate state basis
EU Commissioner for Economic Affairs Paolo Gentiloni wants the EU’s debt limits to be set on a country-by-country basis as part of a proposed reform of the EU Stability Pact, which he intends to present in mid-2022, he told the German newspaper Frankfurter Zeitung, according to Reuters. Gentiloni called for a debate in November on […]
Gentiloni: He wants to set debt limits on a separate basis per state
EU Commissioner for Economic Affairs Paolo Gentiloni wants the EU’s debt limits to be set on a country-by-country basis as part of a proposed reform of the EU Stability Pact, which he intends to present in mid-2022, he told the German newspaper Frankfurter Zeitung, according to Reuters. Gentiloni called for a debate in November on […]
Gentiloni: Phasing out of CBAM emissions from 2026
“Gradually over a ten-year period, starting in 2026, the Carbon Border Adjustment Mechanism (CBAM) will replace the free allocation of allowances under the EU Emissions Trading Scheme in CBAM,” he said. EU Commissioner for Economic Affairs Paolo Gentiloni “sending a message to both EU industry and third-country industry exporting products to the CBAM,” according to […]
Gentiloni-Donahue: Greece’s progress significant, delays linked to pandemic
After the meeting of the Eurozone Finance Ministers, the Minister of Economy, Paolo Gentiloni, and the President of the Eurogroup, Pascal Donahue, expressed their satisfaction with the progress made by Greece in the implementation of the reforms, pointing out that some delays due to and in the devastating fires of summer. “There are some delays, […]
Gentiloni: The growth of the Greek economy remains strong at least for 2022
“The growth of the Greek economy remains strong at least for 2022,” said Economy Commissioner Paolo Gentiloni during a press conference in Brussels today, presenting the Commission’s autumn economic forecasts. Asked to comment on the high level of development of the Greek economy, P. Gentiloni replied that it is associated with different factors. He pointed […]
Eurogroup – Lagarde: Transient inflation is expected to decline from 2022
Eurozone finance ministers agreed on Monday that the jump in consumer prices during this period will subside in 2022, while the high debt created by the pandemic crisis should be reduced, but in a way that will not affect the economic recovery, transmits Reuters. Annual inflation climbed to 4.1% last month from 3.4% in September, […]