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Lucas Guttenberg
lucasguttenberg
The German Constitutional Court clears the way for the Recovery Instrument to go ahead. The decision is not an unconditional green light. But it is a pragmatic ruling that takes
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The negotiations on the Recovery Instrument (RI) and the EU's long-term budget - the MFF - are heating up. A (long) overview on what's at stake, who has how
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The @EU_Commission just published docs that again show why the Recovery Instrument will end the European Semester as we know it. Instead, the Recovery and Resilience Plans will become the
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The #EUCO deal is a mixed bag. The Recovery Instrument is nothing short of a historic step. But the MFF is mediocre and a missed chance. And the eternal rule
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The presidency proposes to have the Council instead of the @EU_Commission approve national Recovery and Resilience Plans to unlock RRF money; even wants unanimity for this and cites
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So let's take a walk through the fairly complex construction that is the @EU_Commission's Recovery Instrument proposal. As a diligent bureaucracy, the Commission has done a good job to slice
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So here we have some first details of the Commission proposal. It is a mix of instruments. And it looks fairly promising - heavy on actual expenditure, not too reliant
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The #Eurogroup has actually decided on something. And we should take a second to cherish that moment. In sum: We get an ESM credit line nobody needs; an EU loans
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With @GrundSebastian and @COdendahl we have tried to build an instrument to share the fiscal costs of this crisis that is legally sound, economically sensible and institutionally feasible: The Pandemic
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