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Options for a European Recovery Fund
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Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract On April 23, 2020, the European Council mandated the European Commission to work on a European Recovery Fund and to clarify its possible link with the Multiannual Financial Framework (MFF), the EU’s long-term budget. Negotiations on the MFF for the period 2021-2027 were at an advanced state when the... view more
On April 23, 2020, the European Council mandated the European Commission to work on a European Recovery Fund and to clarify its possible link with the Multiannual Financial Framework (MFF), the EU’s long-term budget. Negotiations on the MFF for the period 2021-2027 were at an advanced state when the coronavirus-induced economic crisis hit the EU. Like so much else, the EU budget now needs to be adapted to meet new challenges in the wake of the health crisis.... view less
Keywords
EU; economic crisis; funding; epidemic; crisis management (econ., pol.); budgetary policy
Classification
European Politics
Economic Policy
Free Keywords
COVID-19; Coronavirus
Document language
English
Publication Year
2020
City
Berlin
Page/Pages
5 p.
Series
DGAP Commentary, 14
ISSN
1864-3477
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0