Dr. Kieran McQuinn:

Since we drafted our opening statement, the Commission has formally stated that the fiscal framework is being suspended until next year, so it has confirmed that. To be fair, there is still much uncertainty about where the pandemic will lead us and about how quickly economies will be able to recover. In large part, the Commission is trying to see what the state of play will be throughout European economies before it reimposes the rules or engages in any reform or overhaul of them.