The course of the recovery after the pandemic was at the center of today’s meeting of EU Finance Ministers. (Ecofin), while they also discussed the future of the EU economic governance framework.
“Our efforts to boost the economic recovery have paid off,” said Andrej Šircelj, Slovenia’s finance minister. “The EU’s response to the pandemic is showing good results. Now is the time to assess the course of economic governance. Today we have exchanged some initial views on the future of fiscal policy. It is necessary to continue the discussions and find common ground. ”
The finance ministers also discussed the current state of funding for Next Generation EU, the interim recovery package aimed at helping European finances following the COVID-19 pandemic. They also discussed the implementation of the Recovery and Sustainability Fund, which is at the heart of the Next Generation EU to support EU reforms and investment. through loans and grants.
The ministers’ agenda also included the rapid rise in consumer prices, driven mainly by energy and the possible effects on the wider policy. They exchanged views on the Commission’s toolkit of measures that the EU can use. and Member States and are already using it to mitigate the impact of increases in energy prices.
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Source From: Capital
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