Italy and France want to see a new European stimulus tool to support sectors most hit by the coronavirus crisis, Italian Economy Minister Roberto Gualtieri said on Thursday at a news conference in Rome with French Finance Minister Bruno Le Maire.
Gualtieri also said it was necessary to strengthen economic stimulus policy on a global level and that the first G20 meeting under the Italian presidency on Feb 26-27 will focus on this issue.
Le Maire said he hoped for an agreement on reform of the European Stability Mechanism at the next Eurogroup meeting, defining a deal as “life insurance”.
Main Photo: Shop owners set up Christmas decorations during the second wave of the Covid-19 coronavirus pandemic, in Turin, Italy. EPA-EFE/ALESSANDRO DI MARCO