Response to the War Should Aim at Budgetary Balance and Be "Temporary", Says Eurogroup President

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The Eurogroup president, Kyriakos Pierrakakis, said today that the measures implemented in the European Union to respond to the effects of the war in the Persian Gulf should consider the budgetary balance of the Member States and be temporary. We act in a coordinated way, with a common denominator, as defined by the Commission (Europe): the measures should be temporary, in accordance with the agreed budgetary rules and the objectives of the Gree…

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Factuality

Ownership

The President of the Eurogroup, Kyriakos Pierrakakis, said today that the measures implemented in the European Union to respond to the effects of the war in the Persian Gulf must consider the budgetary balance of the Member States and be temporary.