“Very Tight Control” - On (the Absence of) Member State Scrutiny of the EU’s Recovery Spending Leino-Sandberg, Päivi Author aut Text xx# 2024 Verfassungsblog 2024-04-22 eng
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 In 2020, at the height of the Covid crisis, the EU had its 'Hamiltonian Moment'. To overcome the pandemic's economic shock, Member States agreed to back an unprecedented, capital markets-based 750 billion Euro funding scheme to kickstart the European economy. However, since then, it proved surprisingly hard to make sense of where all the money went. Apparently, one main oversight body is a rather informal committee of Member States. Now, internal documents paint a picture of peer scrutiny that remains at a general level, is conducted under tight deadlines, and is strongly limited by scarce resources. They also reveal an evolution of the process to a point what looks much like a mere formality. CC BY-SA 4.0 Leino-Sandberg, Päivi Europäische Union Europäische Union. Rat | Brüssel NextGenerationEU Pandemic Europäische Union. Rat | Brüssel 342 https://verfassungsblog.de/very-tight-control/ Verfassungsblog 2366-7044 Max Steinbeis Verfassungsblog gGmbH 10.59704/bf6658d8f4d2a329 240422 10.59704/bf6658d8f4d2a329 Converted from MARCXML to MODS version 3.7 using MARC21slim2MODS3-7.xsl (Revision 1.140 20200717)