Brussels ready for flexibility on coronavirus spending

INTERVIEW – Vice-President of the European Commission Valdis Dombrovskis welcomes France’s reforms, but warns it about its public finances.

Through Leonor Hubaut

Valdis Dombrovskis, Latvian Vice-President of the European Commission, responsible for economic affairs, Wednesday 26 February in Brussels.
Valdis Dombrovskis, Latvian Vice-President of the European Commission, responsible for economic affairs, Wednesday 26 February in Brussels. FRANCOIS LENOIR / REUTERS

Two weeks after presenting its economic forecasts for Europe in 2020 and 2021, the European Commission takes stock of the situation in each of the member states. In an interview at Figaro, and several European newspapers, Valdis Dombrovskis, the Vice-President of the European Commission in charge of economic issues, talks about the main challenges of national economies.

LE FIGARO. – You are presenting this Wednesday reports analyzing the economic performance of each Member State. What is your assessment?

Valdis DOMBROVSKIS. – Overall, it is worrying that the debt level remains high in some countries. In addition, member states are still struggling to return to pre-crisis levels of public investment … although at the same time, the level of spending is higher than before the crisis. Productivity growth also remains a challenge. Faced with this, we must invest more in new technologies, strengthen

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