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EU triggers deficit rules escape clause ; to bo [url=https://www.stanley-cup.com.de]stanley cups[/url] ost public spendingCommission President von der Leyen clears countries to pump as much as they need ; into economies struck by coronavirus.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInEuropean Commission President Ursula Von Der Leyen | Stephanie Lecocq/EPAMarch 20, 20203:57 pm CETBy Bjarke Smith-MeyerGovernments can spend their way out of the economic fallout from the coronavirus with [url=https://www.cups-stanley.ca]stanley mug[/url] out fear of reproach after the European Commission today put the EUs deficit rules on ice.Commission President Ursula von der Leyen made the announcement in a video online, telling the public that national governments can pump [money] into the economy as much as they need. Von der Leyen triggered the rulebook s general escape clause, which is reserved for when the EU or the eurozone faces a severe economic downturn or negative growth.AdvertisementAdvertisement This is new and never done before, the German said. EU finance ministers are set to rubber-stamp the decision on Monday when theyre tentatively scheduled to meet by [url=https://www.stanley-mug.us]stanley thermos mug[/url] videoconference for this month s Ecofin Council.Countries will also be able to offer companies state aid without fear of punishment, von der Leyen added, referring to temporary measures that she unveiled Thursday. The state aid rules that we have in place since yesterday are the most flexible ever, she said. And we will do more to support you and your family through this cr Bdac Italy wants a big bridge 鈥?and justice for unloved pasta
Europe is still competitive ;Europe can remain competitive in a globalised economy, according to Jeff Immelt, chairman and chief executive of GE, one of the world most successful companies.Copy LinkCopiedShare via emailShare on XShare on WhatsAppShare on LinkedInJuly 5, 20065:00 pm CETBy Tim KingOn a visit to Brussels last week, which included his first meeting with G眉nter Verheugen, the European commissio [url=https://www.cups-stanley.ca]stanley tumbler[/url] ner for competitiveness, Immelt predicted that in certain industries Europe would be able to compete with China for decades.The job of people like me is to make people feel that they can compete and make competitiveness not a dirty word but something to aspire to, said Immelt.Being globally competitive was, he said, about combining technical workers with knowledge and expertise in a particular sector or domain.AdvertisementAdvertisementEurope was, said Immelt, globally competitive in aviation and avionics, transportation and automotive industry, energy and healthcare.We can export to China and India for decades, he said, though he acknowledged that it was difficult for politicians to point out which industries were competitive and which were not.When I look at Europe, I am not at all dour about it [url=https://www.cup-stanley.es]stanley botella[/url] , because there ar [url=https://www.stanley-cups.fr]stanley thermos[/url] e four or five things we can do for a long time to come, he said.The 50-year-old, who took over from Jack Welch as GE chairman and CEO in September 2001, drew a distinction between old Europe and new