Eurogroup president Mário Centeno says recovery plan needed to avert ‘disaster’ - News Summed Up

Eurogroup president Mário Centeno says recovery plan needed to avert ‘disaster’


Among the “innovative” instruments involved could be an enlarged Budgetary Instrument for Competitiveness and Convergence (BICC), according to Mr Centeno. Money is limited and we will need to make choices, but green projects must be prioritised, and also digitalisation projects,” Mr Centeno said. “This will be evaluated throughout the recovery period,” Mr Centeno said. We found sizeable and timely solutions for the emergency,” Mr Centeno said. Mr Centeno now expects that economies will look different on the other side of the crisis.


Source: The Irish Times May 01, 2020 00:56 UTC



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