This paper looks at the macroeconomic policy response to the Covid-19 crisis in the European Union (EU) and the prospects for long-term recovery under the Next Generation EU (NGEU) plan. It argues that, un­like what happened following the sovereign debt crisis of 2011-2012, the EU’s strong...

Chapter One: Introduction -- Chapter Two: Looking Back at How Egypt Got to Today -- Chapter Three: Navigating the Storms -- Chapter Four: Achieving Sustainable and Inclusive Growth -- Chapter Five: The Way Forward.