After the European Parliament, EU Council adopted the Instrument, too. However, the decision authorizing the Commission to borrow on the capital markets to finance this instrument needs to be ratified in all Member States. This financial instrument will make €672.5 billion in grants and loans available for public investment and reforms in the 27 member
For the third time, after 1995 and 2008, Europe tries to relaunch the Mediterranean Partnership. EU has now two major challenges: the pandemic and the green transition. The first requires a coordinated approach between Europe and its neighbours. The second needs wide partnerships that can accompany strategies and investments. Why not Mediterranean, knowing that
Who wins, who loses? Since 1st January the Agreement has been applied provisionally, pending the vote of the European Parliament. The EU Commission proposed to apply the Agreement on a provisional basis only for a limited period of time, until 28 February 2021. After a process that started in 2016, the UK has left the EU.
Growth in gross domestic product (GDP) in Europe collapsed in 2020 as a result of the economic crisis caused by the coronavirus pandemic. Economic and Budgetary Outlook for the European Union 2021
The Covid-19 crisis led European public opinion to believe that the EU did not have the capacity to forecast or respond to health crises such as the pandemic. “Europe is not responding“, the Italian daily La Repubblica dramatically deplored. (*The initial version of this article was published by The Robert Schuman Foundation (European Issue