European Commissioner Gentiloni on Coronavirus Threat, ECB Policy

The transcript discusses the impact of the coronavirus on the European economy, highlighting the uncertainty it brings to supply chains and economic forecasts. It covers the EU's readiness to adopt supportive fiscal measures and the need for coordinated fiscal policies alongside the ECB's efforts. The review of EU economic governance is addressed, emphasizing the need for rules that accommodate green transition goals. The discussion also touches on the role of fiscal policy in achieving carbon neutrality by 2050 and the importance of investment. Finally, it explores trade relations with the US and the significance of maintaining multilateral frameworks like the WTO.

In what ways can fiscal policy become more countercyclical in the future?

What role does the European Central Bank play in the current economic context?

What are the implications of the potential withdrawal of the United States from the WTO's GPA agreement?

What is the importance of multilateral frameworks in trade relations?