04 December 2020
Legally Feasible, Constitutionally Dubious
The EU is once again in crisis. The political goal of laying down the legal foundations for the Next Generation Europe recovery and reconstruction fund by the end of the year has moved into the far distance after Hungary and Poland announced that they would not agree to a change in the EU's own resources decision at a meeting of the Council of the European Union next week. What to do? Differentiated integration is not possible if and to the extent that NGEU is meant to be financed through EU debt. Is there a possibility of anchoring NGEU entirely in secondary legislation? Continue reading >>
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