Coronavirus: Commission proposes to activate fiscal framework's general escape clause to respond to pandemic
Monday, March 23, 2020
*Message by President von der Leyen on further measures to support the European economy in face of the coronavirus crisis. The Commission today proposes the activation of the general escape clause of the Stability and Growth Pact (SGP) as part of its strategy to respond quickly, forcefully and in a coordinated manner to the coronavirus pandemic. Once endorsed by the Council, it will allow Member States to undertake ...