Outlook for the European Council video-conference of 23 April 2020

21-04-2020

The European Council video-conference meeting on 23 April 2020 is expected to shift EU leaders’ attention away from immediate and short-term priorities, such as limiting the spread of the coronavirus, to a longer-term strategic approach focused on a recovery strategy for the European Union, and the financing thereof. The recovery strategy could be based on four pillars: 1) the internal market, including the Green Deal, the digital agenda and the EU’s strategic autonomy; 2) an investment strategy, to be included in the next seven-year EU budget and reflected in the work programme of the European Investment Bank; 3) a global recovery strategy reinforcing the external responsibility of the EU and promoting multilateralism; and 4) strengthening resilience and governance for a stronger EU after the crisis. As the EU’s Multiannual Financial Framework (MFF) for the seven years from 2021 to 2027, which has yet to be agreed, touches upon all four pillars of the recovery strategy, EU leaders will engage in a strategic discussion on the MFF during their video-conference.

The European Council video-conference meeting on 23 April 2020 is expected to shift EU leaders’ attention away from immediate and short-term priorities, such as limiting the spread of the coronavirus, to a longer-term strategic approach focused on a recovery strategy for the European Union, and the financing thereof. The recovery strategy could be based on four pillars: 1) the internal market, including the Green Deal, the digital agenda and the EU’s strategic autonomy; 2) an investment strategy, to be included in the next seven-year EU budget and reflected in the work programme of the European Investment Bank; 3) a global recovery strategy reinforcing the external responsibility of the EU and promoting multilateralism; and 4) strengthening resilience and governance for a stronger EU after the crisis. As the EU’s Multiannual Financial Framework (MFF) for the seven years from 2021 to 2027, which has yet to be agreed, touches upon all four pillars of the recovery strategy, EU leaders will engage in a strategic discussion on the MFF during their video-conference.