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Without good governance EU recovery could fail
Without good governance EU recovery could fail
ratings:
Length:
24 minutes
Released:
Oct 7, 2020
Format:
Podcast episode
Description
The European Union recovery fund could greatly increase the stability of the bloc and its monetary union. But the fund needs clearer objectives, sustainable growth criteria and close monitoring so that spending achieves its goals and is free of corruption. In finalising the fund, the EU should take the time to design a strong governance mechanism.In this episode, Guntram Wolff, director of Bruegel, is joined by MEP Luis Garicano, vice president of Renew Europe, who is also an economist and was heavily involved in the discussion on Next Generation EU, the new recovery instrument that the EU proposed for the Recovery and Resilience Facility. On this topic, they discuss the key concerns on how to ensure EU-borrowed money will be well-spent by the member states. MEP Garicano shares his insights from the Parliament of where this debate currently stands.Read the Opinion of Guntram wolff on the topic: https://www.bruegel.org/2020/09/without-good-governance-the-eu-borrowing-mechanism-to-boost-the-recovery-could-fail/
Released:
Oct 7, 2020
Format:
Podcast episode
Titles in the series (100)
Banks and borrowers in distress — Europe's NPL crisis: This episode of The Sound of Economics focuses on non-performing loans (NPLs), a pressing issue for Europe's banks. The financial crisis and the recession that followed left European banks with € 1 trillion of NPLs. This has a negative impact on banks,... by The Sound of Economics