• EU economic commissioner Gentiloni: EU is ready to use all policy options to safeguard growth against risks from coronavirus

Market news

2 March 2020

EU economic commissioner Gentiloni: EU is ready to use all policy options to safeguard growth against risks from coronavirus

  • We are seeing the materialization of downside risks
  • It is still too soon to measure impact of coronavirus outbreak on economy
  • "V-shaped recovery" forecast presented a couple of weeks ago cannot be taken for granted; this expectation is "optimistic"
  • We will assess requests for fiscal flexibility under EU rules due to coronavirus outbreak

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