Next Generation EU

European politics 2nd September 2020

SURE May Be Ready, But Next Generation EU May Make Noise Before Helping

The EU’s SURE programme, providing loans to help finance short-time work (even retrospectively) is in high demand. The recovery fund “Next Generation EU” was the big deal this summer. But more complicated news may be next, points BoA Global Research. Technical details and national approval processes are not completed and could be the source of less reassuring headlines, explains the firm.

European economy 24th June 2020

The Next Generation EU package is too small (around 5% of EU GDP) and slow (peaking in 2023-2024) to be a proper cyclical stabilisation tool

Apolline Menut (AXA Investment) | The Next Generation EU package is a genuine step forward. Joint debt issuance, fiscal transfers and proposed joint tax revenues are politically meaningful. But the package is too small (around 5% of EU GDP) and slow (peaking in 2023-2024) to be a proper cyclicalstabilisation tool.