The Commissioner for Economy, Paolo Gentiloni, said, on Monday 5 October, that the activation of the general escape clause of the Stability and Growth Pact, which froze the budgetary rules in 2020 because of the Covid-19 pandemic, “will remain active in 2021”.
We are not in the same situation as we were in the spring, but we are still living with the virus. For this reason, emergency budgetary measures and measures to promote economic recovery will have to “coexist” and the...