Header and navigation menu

Page content

One year since the outbreak of COVID-19: fiscal policy response

The outbreak of the COVID-19 pandemic caused an unprecedented global public health crisis, which entailed a severe decline in economic activity. This Communication sets out the Commission’s considerations on how to coordinate at EU level the conduct of fiscal policy, taking to the next phase the concerted approach of addressing the pandemic, sustaining the economy, supporting a sustainable recovery and maintaining fiscal sustainability in the medium-term. […]