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Http://www.euifis.eu /download/efm.pdf

efm.pdf
Preview of http://www.euifis.eu /download/efm.pdf
🔗 Source: euifis.eu
📊 Size: 3.97 MB
📄 Pages: 27 pages
⬇️ Downloads: 63

Summary

European countries have adopted fiscal measures of unprecedented magnitude to counter the economic damage caused by the Covid-19 pandemic, with 24 EU member states and the UK committing around EUR 1 trillion in discretionary fiscal stimulus and injecting nearly EUR 2 trillion into liquidity measures. Most governments implemented appropriate fiscal responses, but many national Independent Fiscal Institutions (IFIs) raised concerns about the surge in public spending and the increase in public debt, as well as the lack of medium- to long-term debt sustainability assessments. The European Fiscal Monitor summarizes and compares the fiscal responses of these countries, providing an overview of the economic impact, state of public finances, and adopted fiscal measures in response to Covid-19.

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European countries have adopted fiscal measures of unprecedented magnitude to counter the economic damage caused by the Covid-19 pandemic, with 24 EU member...

Technical Information

  • File Format: PDF
  • File Size: 3.97 MB
  • Pages: 27
  • Language: EN
  • Total Downloads: 63
  • Last Updated: 1 month ago

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