Artikel

Spillover Effects From Next Generation EU

In July 2020, the European Commission announced its €750 billion package to revive the postpandemic European economy, Next Generation EU. The programme comprises a number of loans and grants that will be funded by taking out European debt. Although the rules on liability sharing for Next Generation EU prevent a significant mutualisation of the debt, European leaders have taken the long-recognised significant first step towards European financial and political unification that stands in stark contrast to the misguided austerity programmes during the European sovereign debt crisis.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 55 ; Year: 2020 ; Issue: 5 ; Pages: 325-331 ; Heidelberg: Springer

Classification
Wirtschaft
Subject
Stabilisierungspolitik
Finanzpolitik
EU-Staaten

Event
Geistige Schöpfung
(who)
Picek, Oliver
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2020

DOI
doi:10.1007/s10272-020-0923-z
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Picek, Oliver
  • Springer

Time of origin

  • 2020

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