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Met dank overgenomen van Europese Commissie (EC), gepubliceerd op woensdag 3 maart 2021. Thank you Valdis. The decision we took last March to activate the general escape clause was a recognition of the gravity of the unfolding crisis hitting Europe. It was also a statement of our determination to take all necessary steps to tackle the pandemic and support jobs and companies. I think that this strong reaction was very effective. The preliminary guidance that we are providing today means that we need to keep the clause activated also in 2022. One year on, we remain in the midst of a very difficult phase. The pandemic continues to take the lives of hundreds of Europeans every single day.

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