Eurozone finance ministers to pledge continued fiscal support on Monday – report

News

Reuters report, citing a document

Italy is in another lockdown and case are rising in much of the continent as the vaccine rollout lags. Even without all that, those economies would need more fiscal support.

Europe is starting to fall way behind the US and it’s not a good look. Here was a line from the ECB sources story earlier today.

“Biden just came in, the bill has already passed, and the check’s going
to be in the mail next week,” one source said. “Look at us in the
meantime. We’ve been talking for a year and still nothing will be paid
out until maybe October.”

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