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MNI BRIEF: Eurogroup Statement 'Likely' On Econ, Fiscal Policy

BRUSSELS (MNI)

Eurogroup finance ministers are 'likely' to issue a statement on the impact of new lockdown restrictions on the zone's economic situation and on the need for fiscal policy makers to remain alert to developments, MNI understands. One EU source said that, while a statement is 'likely', but added it would "depend how the discussion goes".

Another said that if a statement was issued, he didn't expect it to go 'up a gear much' beyond the call at the last meeting for national fiscal polices to stay 'agile and flexible'.

Ministers are due to hear from public health experts on vaccine prospects and ECB President Christine Lagarde will likely urge them to maintain accommodative fiscal policies at a national level.

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