Economics
Governments Can Keep Fiscal Stimulus Flowing, EU Commission Says
- European executive releases budget policy recommendations
- Fiscal limits will be reinstated as of 2023, commission says
Paolo Gentiloni
Photographer: Thierry Monasse/Getty ImagesThis article is for subscribers only.
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A general waiver allowing European Union member states to spend their way out of the pandemic-induced recession will stay in place through next year, the bloc’s executive arm said, allowing governments to keep supporting demand even as their economies recover.