Briefing | Ever closer union?
Europe’s radical economic response to covid-19
The EU can now borrow, but how well can the member nations spend?
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|BERLIN, MADRID, PARIS, ROME AND VENICE
Editor’s note (June 15th 2021): On June 15th the European Union issued the first tranche of bonds, about €100bn-worth of ten-year debt, under the Next Generation EU (NGEU) programme. This article, published in April, analyses the prospects for the bloc’s pandemic-recovery fund.
This article appeared in the Briefing section of the print edition under the headline “Down to the wire”
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