"An abrupt end to gov policy support schemes would pose cliff-edge risks to the debt servicing capacity of euro area firms and households.” Knock-on effect

Average of professional forecasts for Euro area economy puts it below 2019 level until 2022-3. ecb.europa.eu/pub/financial-… https://t.co/noJgDK1LVd

ECB totting up funding flows in Euro area. But look closely at the timeline and you see: 1 trn euro in new national debt in