Euro zone pledges coordinated polices, loose 2021 fiscal stance as COVID rages ...Middle East

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Euro zone pledges coordinated polices, loose 2021 fiscal stance as COVID rages
source : Devdiscourse ( Middle East ) () 13
Euro zone finance ministers pledged on Tuesday to coordinate actions for an economic recovery and keep fiscal policies loose next year as the second wave of the coronavirus pandemic is about to wreak fresh havoc on their economies. The ministers held a video-conference two days before the European Commission issues economic forecasts for the whole 27-nation European Union that are likely to predict shrinking economic output in the last quarter of the year.

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