Euro area Finance Ministers on Friday 21 May welcomed the strength of the economic recovery expected in 2021, which could reach 4.3% of GDP, according to the European Commission’s spring forecast (see EUROPE B12719A2).
This prospect, made possible by the ramping up of vaccination campaigns against Covid-19 in the Member States and the gradual removal of health restrictions, validate the emergency budgetary and economic response put in place from spring 2020 to keep workers in their jobs...