Why the EU’s Recovery Fund Should Be Permanent

Author (Person)	Cornago, Elisabetta, Springford, John
Publisher	Centre for European Reform (CER)
Series Title	CER Policy Brief
Publication Date	November 2021
Content Type	Research Paper
	Summary: The authors provide a comprehensive assessment of the €720 billion Recovery and Resilience Facility (RRF) – also known as the EU’s recovery fund. They assess its macroeconomic effects, how important it could be for the EU’s climate ambitions, and its effects on growth. The assessment is broadly positive.
Source Link	Link to Main Source https://www.cer.eu/publications/archive/policy-brief/2021/why-eus-recovery-fund Alternative Source 1 Alternative sources https://www.cer.eu/sites/default/files/pbrief_recovery_fund_11.11.21.pdf
Related Links	ESO Records Official Journal: L 57: Regulation (EU) 2021/241 establishing the Recovery and Resilience Facility https://www.europeansources.info/record/proposal-for-a-regulation-establishing-a-recovery-and-resilience-facility/ European Commission: COM (2021) 500: Economic policy coordination in 2021: overcoming COVID-19, supporting the recovery and modernising our economy https://www.europeansources.info/record/economic-policy-coordination-in-2021-overcoming-covid-19-supporting-the-recovery-and-modernising-our-economy/ Council of the EU: Nov. 9th 2021: The future of the European Semester in the context of the Recovery and Resilience Facility https://www.europeansources.info/record/the-future-of-the-european-semester-in-the-context-of-the-recovery-and-resilience-facility/
Subject Categories	Economic and Financial Affairs
Subject Tags	Economic Governance \| Situation, EU Budget, Multiannual Financial Framework [MFF]
Keywords	MFF 2021-2027
Countries / Regions	Europe
International Organisations	European Union [EU]