Fuest, Clemens - In: CESifo forum : a quarterly journal on European issues 22 (2021) 1, pp. 3-8
In the face of an unprecedented economic recession caused by the Covid-19 pandemic, the EU has set up the biggest … stimulus in its history - a 750-billion-euro fund called "Next Generation EU" - to support economic recovery. This initiative … is ground-breaking as it includes grants and loan facilities for member countries, financed by EU borrowing. It stresses …
