Italy, France call for new EU stimulus scheme for COVID-hit sectors
26 Nov 2020 / 19:45 H.
ROME, Nov 26 (Reuters) - Italy and France want to see a new European stimulus tool to support sectors most hit by the coronavirus crisis, Italian Economy Minister Roberto Gualtieri said on Thursday at a news conference in Rome with French Finance Minister Bruno Le Maire.
Gualtieri also said it was necessary to strengthen economic stimulus policy on a global level and that the first G20 meeting under the Italian presidency on Feb 26-27 will focus on this issue.
Le Maire said he hoped for an agreement on reform of the European Stability Mechanism at the next Eurogroup meeting, defining a deal as "life insurance". (Reporting by Giuseppe Fonte, writing by Francesca Piscioneri, editing by Gavin Jones)
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