How to provide political guidance to the EU Recovery and Resilience Facility?
RECONNECT Virtual Roundtable
Should the Recovery and Resilience Facility involve EU-wide projects or should it mostly be dedicated to national projects? Can we ensure that investments in green and digital technology actually help those social groups that have been most affected by the corona crisis? How do we best ensure the transparency and accountability of the use of the Recovery and Resilience Facility?
The Recovery and Resilience Facility is the main instrument with which the European Union address the economic fall-out of the coronavirus pandemic. With a total size of €672.5 billion in grants and loans, it involves an unprecedented EU-wide economic stimulus, also because it is the first time that the EU borrows on such a scale on the financial markets. Inevitably, the distribution of this budget comes with major political choices. The Recovery and Resilience Facility is not merely to compensate for economic losses caused by the crisis and to restore social cohesion, it also aims to use this moment to strengthen Europe’s economy by making it more sustainable and investing in the use of digital technology.
In this webinar, we discuss the political choices involved in the Recovery and Resilience Facility and how and where they are best made. Joining this RECONNECT Virtual Roundtable are:
- Dr. Thu Nguyen (Policy Fellow for EU Institutions and Democracy at the Jacques Delors Centre, Hertie School)
- Dr. Thomas Wieser (Bruegel Fellow, Former Chair of the Eurogroup Working Group, author of a RRF report for the EP)
- Prof. Ben Crum (Vrije Universiteit Amsterdam) Prof. Carlos Closa (IPP-CSIC) will moderate the discussion