The European Union is considering the use of “existing flexibilities” within its fiscal framework as part of its response to the energy crisis, European Commissioner for Economy Valdis Dombrovskis told journalists on Friday following a euro area finance ministers’ meeting in Cyprus.
“We are currently looking at the policies, including fiscal policy options, to best address the crisis, including the use of existing flexibilities within our framework,” Dombrovskis said during a press conference.
