The ‘European Committee of the Regions’ (CoR) believes that the general escape clause in the Stability and Growth Pact, activated in spring 2020 to counter the economic impact of the Covid-19 pandemic, should remain in place until a new European economic governance framework is in place, according to a report drawn up by the President of the Walloon Region, Elio Di Rupo, and adopted on Tuesday 10 October.
The CoR supports the approach of the draft reform of the Stability Pact, which...