Bericht
The EU budget as an opportunity in the crisis: The EU Commission proposal for a new financial framework and a reconstruction fund
In response to the socio-economic consequences of the corona pandemic, the European Commission presented a comprehensive package of measures on 27 May 2020. It consists of two components. Firstly, the Commission's original proposal of May 2018 for the Multiannual Financial Framework (MFF) 2021-2027 is to be increased to €1.8 trillion. Secondly, the Commission is proposing a temporary economic budget of €750 billion under the title 'Next Generation EU'. This far-reaching package, which the Commission drew up in just a few weeks, can have the effect of fundamentally reshaping European budgetary policy and redistributing competences and responsibilities between the EU and the member states. The result could be a significant deepening of European integration.
- Language
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Englisch
- Bibliographic citation
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Series: SWP Comment ; No. 37/2020
- Classification
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Politik
- Event
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Geistige Schöpfung
- (who)
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Becker, Peter
- Event
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Veröffentlichung
- (who)
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Stiftung Wissenschaft und Politik (SWP)
- (where)
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Berlin
- (when)
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2020
- DOI
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doi:10.18449/2020C37
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Becker, Peter
- Stiftung Wissenschaft und Politik (SWP)
Time of origin
- 2020