3 Min Read BRUSSELS, Feb 26 (Reuters) - The European Union is likely to waive limits on government borrowing again in 2022, given persistent uncertainties about the pace of economic recovery once the coronavirus pandemic is contained, officials say. The European Commission will set the criteria on March 3 for a recommendation later in the year on whether the bloc’s fiscal rules should be reinstated in 2022 or stay suspended. Both options remain possible. But European Economic Commissioner Paolo Gentiloni told a European Fiscal Board conference on Friday that, in terms of fiscal support under current conditions, “the risks of doing too little outweigh the risks of doing too much.”