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MNI Research
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Gentiloni : EU Needs L-T Fiscal Stabilisation Tool
The EU must consider setting up a long-term fiscal stabilisation tool when the current Recovery and Resilience Fund expires in 2026, EU Economic Affairs Commissioner Paolo Gentiloni told the ECB's Fifth ECB biennial conference on fiscal policy and EMU governance. Noting the important counter-cyclical role that the RRF has played during the current Covid crisis, Gentiloni said it was not “in the DNA” of the Recovery Fund to play a ‘stabilisation’ role, given its 2026 expiry.
Addressing current Covid concerns, Gentiloni said new measures being introduced in some EU countries could already be weighing on growth, but added that he remained of the view that the economic impact of the latest measures would not be as severe as those seen last year.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.