Eurozone treasuries are set to agree Monday they will only start addressing their countries mounting debt piles once the health crisis is over.
According to a draft statement obtained by POLITICO ahead of its discussion at a Eurogroup videoconference, ministers will signal their commitment to keep their budget strategies in lockstep and continue spending for as long as needed to recover from the economic crisis.
Measures intended to cut down the growing debt pile will be applied only once the coronavirus recovery has a strong foothold, ministers will agree.
We are united in our approach that until the health crisis is over and recovery is firmly underway, we will continue to protect our economy through the deployment of the necessary l…
Read the full article at: https://www.politico.eu/article/coronavirus-economy-eurozone-debt-aid/
