Gualtieri: "We are dealing with the Mes, but 120 billion in loans since Recovery"
ECB, Lagarde: uncertain, uneven and incomplete recovery
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22 September 2020 "Fiscal policies must continue to support the recovery throughout 2021", and "in the light of uncertainty" The Pact remains suspended again next year.
"When the economic conditions allow it, it will be time to pursue policies aimed at obtaining prudent budget positions in the medium term": the vice president Valdis Dombrovskis and commissioner Paolo Gentiloni wrote in a letter to Italy.
Economic managers have sent letters to all EU countries to guide them in drafting the 2021 financial statements.
The 2021 budget "must take into account as much as possible the implementation of the reforms and investments envisaged" by the Recovery fund, and in November, when assessing the stability laws, "the Commission will pay particular attention to the quality of the budgetary measures taken and planned, to cushion the impact of the crisis, support recovery and strengthen resilience, taking into account sustainability. The assessment will cover the possible impact of the guarantees provided by the government ", write the vice president Valdis Dombrovskis and the commissioner Paolo Gentiloni in the letter to Italy to guide it in the composition of the budget law.