The objective of this session is to discuss to what extent this EU fiscal deal will address the economic priorities resulting from the pandemic and the weaknesses of the Monetary Union amplified by the Covid-19 crisis and the ways to tackle the major threats to the effectiveness of this EU package.
Points of discussion
- To what extent will the EU’s new €750 bn recovery fund contribute adequately to addressing the economic priorities resulting from the pandemic and the weaknesses of the Monetary Union, amplified by the Covid 19 crisis, thereby enhancing long-term productivity gains and sustainable growth in EU economies?
- What are the major threats to the effectiveness of this EU package? Will the Member States be able to absorb and spend well the Economic Recovery funds and on time? How to ensure that the Next Generation EU recovery instrument will focus on the essential EU economic priorities (domestic structural reforms and sustainable investment)? What are the key success factors (e.g. robust governance) to ensure that EU financing will effectively contribute to increasing medium term sustainable growth…)?