Latvia supports creation of eurozone fiscal instrument - Reirs

  • 2019-04-20
  • LETA/TBT Staff

RIGA - Latvia supports the creation of the eurozone fiscal instrument, Finance Minister Janis Reirs (New Unity) told LETA.

The minister emphasized that the support of this initiative will not need additional financing or co-payments from member states.

Meanwhile, European Commission Vice President Valdis Dombrovskis said that he hopes that a decision on the creation of the eurozone fiscal instruments could be made by the end of the year.

He said that discussions on this matter are being held in context with the EU's next multi-annual budget, which is why the decision should be made by the end of the year.