EU COVID-19 recovery fund proposals – A Cicero/AMO overview

The European Commission today proposed plans for a €750bn recovery instrument named ‘Next Generation EU’ to mitigate the impact of the COVID-19 pandemic aimed at Member States that have been hardest hit, partly through contentious joint debt issuance. The recovery fund, which closely follows a Franco-German proposal put forward by German Chancellor Angela Merkel and French President Emmanuel Macron last week, will require unanimous approval by the EU27 Member States.

The Cicero/AMO team has prepared a short overview outlining today’s measures. I do hope that you find this informative.

Click here to access Cicero/AMO’s overview of the European Commission’s COVID-19 recovery fund proposals

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