The EU budget and coronavirus [What Think Tanks are thinking]

06-07-2020

European Union leaders and institutions are now discussing plans to provide a major boost to the European economy to help it recover from the coronavirus crisis. They are doing so in the context of the new long-term EU budget, which would see the total ‘own resources’ ceiling for the Union more or less doubled. On 19 June 2020, the members of the European Council exchanged views by video-conference on the European Commission’s linked proposals, tabled on 27 May, for (i) a new ‘Next Generation EU’ recovery fund, and (ii) an updated Multiannual Financial Framework (MFF) for the next seven-year financing period, from 2021 to 2027, in which the recovery fund would be embedded. The European Council will discuss these proposals again (in person) on 17-18 July in Brussels. In this context, think tankers and policy analysts have been debating the proposals and assessing their potential effectiveness. This note offers links to recent commentaries and reports from international think tanks on coronavirus and related issues. Earlier publications on financing the fight against the coronavirus can be found in a previous item in this series, published by EPRS on 8 June.

European Union leaders and institutions are now discussing plans to provide a major boost to the European economy to help it recover from the coronavirus crisis. They are doing so in the context of the new long-term EU budget, which would see the total ‘own resources’ ceiling for the Union more or less doubled. On 19 June 2020, the members of the European Council exchanged views by video-conference on the European Commission’s linked proposals, tabled on 27 May, for (i) a new ‘Next Generation EU’ recovery fund, and (ii) an updated Multiannual Financial Framework (MFF) for the next seven-year financing period, from 2021 to 2027, in which the recovery fund would be embedded. The European Council will discuss these proposals again (in person) on 17-18 July in Brussels. In this context, think tankers and policy analysts have been debating the proposals and assessing their potential effectiveness. This note offers links to recent commentaries and reports from international think tanks on coronavirus and related issues. Earlier publications on financing the fight against the coronavirus can be found in a previous item in this series, published by EPRS on 8 June.