The Importance of Legal Issues in the Negotiations of the Next Generation EU Recovery Fund
The Importance of Legal Issues in the Negotiations of the Next Generation EU Recovery Fund
Author(s): Melchior Szczepanik
Subject(s): Politics, Economic policy, Welfare systems, EU-Accession / EU-DEvelopment, Fiscal Politics / Budgeting
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: EU; recovery fund; legal issues;
Summary/Abstract: The unprecedented size of the recovery fund that the European Commission (EC) wants to set up through the issuance of bonds and the planned allocation of most of the money as non-repayable assistance to Member States have given rise to doubts regarding the compliance of these actions with EU treaties. The legal concerns do not seem substantial enough to block the creation of the fund. They could, however, be used in negotiations regarding its final shape and the criteria for the allocation of resources in particular.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2020
- Language: English
- Content File-PDF