CARGA_INICIAL_FUNCAS_EUROPE_20200529
The EU regulation governing the Recovery and Resilience Fund, which came into force in February, commits member states to submitting national recovery and resilience plans by the end of April. The European Commission will then have two months to evaluate the plans, which the Council is expected to approve by the end of July.
The European Commission recently issued a communication to EU member states to clarify its medium-term fiscal policy stance
In December 2020, the ECB decided to continue its regular Asset Purchase Programme and the Pandemic Emergency Purchase Programme for at least another year. By the end of 2021, the ECB may have accumulated close to 5 trillion euros worth of bonds on its balance sheet.
As part of the debate on the impact of the EU recovery plan, a lot of emphasis has been put on the low absorption rate of EU cohesion funds.