European Economic Challenges: A Conversation with EU Commissioner for the Economy Paolo Gentiloni
The Europe Desk
00:00
The European Union and the US
Commissioner Gentiloni: We have to avoid the risk of what we call fragmentation within the European Union and especially the Euro area. Hitting countries with different level of fiscal space, you risk to increase the differences among countries sharing the same currency - this is in the interest of nobody. I am perfectly aware that the big, big gun that we put on the table with this next generation EU 800 billion plan is not something that you can replicate at least not now.
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