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MNI (Frankfurt)
(MNI) Frankfurt

Next Generation EU support could double the public investment-to-GDP ratio in some member states, ECB Executive Board member Fabio Panetta writes in a blog post Tuesday, but liquidity remains underused or ill-targeted.

Instead, tools such as NGEU and SURE should be extended and adapted to help stimulate employment growth as the post-pandemic recovery gains speed. EU fiscal rules should be reformed to make them both more sustainable, more responsive to short-run market fluctuations and more sustainable at the national level, Panetta writes.

MNI Frankfurt Bureau | +49-69-720-146 | luke.heighton@marketnews.com
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