“We will discuss the economic situation, and we know that we are entering the autumn in a picture of unprecedented uncertainty. On the one hand we keep growth and unemployment is low “but on the other hand, “due to high inflation there are risks of a recession”. This was stated by the EU Commissioner for the Economy. Paolo Gentiloni, before the informal meetings of the Eurogroup and Ecofin, in Prague.
“In this uncertainty it is crucial to cooperate with fiscal and monetary policies to lower inflation. But what really can bring down inflation it is a truly effective package of energy measures. It is very important that next Tuesday the Commission will propose measures “to tackle the energy crisis, he added.
“Next month will be the time for the Commission to put the table on proposals “for the revision of economic governance. This was stated by the EU Commissioner for Economy, Paolo Gentilon, before the Eurogroup and Ecofin meetings in Prague. “The objective of the revision is to have financial stability, debt sustainability – which obviously grew after these crises, we are 97% in the eurozone – but at the same time to maintain strong support for investments”, added Gentiloni according to whom ” an agreement on the governance review will also be a very strong signal for the markets “:
Source: Ansa
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