Safeguarding the welfare of the “Next Generation EU” requires European funds to be made available promptly and efficiently allocated in order to promote sustainable growth. The policy measures adopted in the past months have contributed to mitigating the costs of the crisis, supporting the real economy and preventing the unfolding of a credit crunch.
Without them, the strengthening of productive activity observed globally over the summer would not have been possible. Tackling the situation created by the pandemic, still an international emergency, remains our most urgent priority until a vaccine is distributed to a substantial fraction of the population.