It won't be fun.
The Commission unveiled on Wednesday a first "basket" of resources intended to finance the European recovery plan, namely the 750 billion euros on which the 27 had agreed in July 2020 to restart the affected economies. by the pandemic and of which they began to receive a part.
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In absolute terms, the scheme is attractive.
These future revenues would supplement the EU budget and, it would be as much as the Member States - and the European citizens - would not have to repay to the Commission, which borrowed on the markets to finance this windfall.
Budget Commissioner Johannes Hahn did not fail to point this out.
These proposals
"will ensure that the next generation will truly benefit from NextGenerationEU"
, namely the European recovery plan.
As a reminder, it is expected that repayments will be spread over thirty years, from 2028 to 2058.
These new resources, on which the Member States ...
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