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MNI BRIEF: EU See Summer Start For RFF Borrowing: Dombrovskis

MNI SOURCES: Draghi Raises Chances Of Looser EU Fiscal Rules
(MNI) LONDON
BRUSSELS (MNI)

The European Commission should start borrowing for the EU's EUR750-billion Next Generation recovery programme this summer, subject to member states' ratification of the own resources legislation, Commission Vice President Valdis Dombrovskis said Tuesday.

Speaking following A meeting of EU finance ministers (ECOFIN), Dombrovskis noted that six countries have already ratified the own resources regulation while others are advanced in the process and called on others to make progress in doing so. Last month, MNI reported on the political problems still surrounding some national ratification plans.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Policy NewsDenmarkHomepageFiscalGovernment sectorCEEMEAEurozoneSwedenBriefStoryRegion
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Policy NewsDenmarkHomepageFiscalGovernment sectorCEEMEAEurozoneSwedenBriefStoryRegion
True

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