CARGA_INICIAL_FUNCAS_EUROPE_20200529
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.
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The ECB’s Targeted Long-Term Refinancing Operations, or TLTRO, are non-standard monetary policy measures adopted in the aftermath of the Eurozone banking crisis.
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As explained in a previous note (1), the European Commission’s Next Generation EU recovery plan foresaw member states submitting national recovery and resilience plans by April 30 as annexes to their national reform plans.
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The Covid-19 pandemic has drastically changed the agenda of the European Union. Managing the associated economic crisis and the recovery have become the most important items.
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