EU economic commissioner-designate pledges to counter slowdown risks with fiscal efforts
European Union economic commissioner-designate Paolo Gentiloni said on Thursday he will seek to counter risks of an economic slowdown in the bloc with "adequate" fiscal efforts.
In his confirmation hearing before EU lawmakers, he repeated he will seek to use the leeway allowed by EU fiscal rules to permit governments to invest for growth and will also target a reduction of public debt.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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