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Europe Daily Bulletin No. 12732

3 June 2021
ECONOMY - FINANCE - BUSINESS / Economic/social
Return to normal application of EU fiscal rules will not take place before 2023
Brussels, 02/06/2021 (Agence Europe)

The European Commission formally proposed on Wednesday 2 June that the general escape clause of the Stability and Growth Pact should continue to apply until the end of 2022, with EU Member States only expected to return to their pre-Covid-19 growth levels in the course of next year.

The recovery remains uneven and uncertainty is still high, so economic policy must remain supportive in both 2021 and 2022”, said Executive Vice-President Valdis Dombrovskis. He added, “We can confirm...

Contents

ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
SECTORAL POLICIES
SECURITY - DEFENCE
EXTERNAL ACTION
SOCIAL AFFAIRS - EMPLOYMENT
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
INSTITUTIONAL
NEWS BRIEFS