Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/256632 
Authors: 
Year of Publication: 
2020
Series/Report no.: 
SWP Comment No. 37/2020
Publisher: 
Stiftung Wissenschaft und Politik (SWP), Berlin
Abstract: 
In response to the socio-economic consequences of the corona pandemic, the European Commission presented a comprehensive package of measures on 27 May 2020. It consists of two components. Firstly, the Commission's original proposal of May 2018 for the Multiannual Financial Framework (MFF) 2021-2027 is to be increased to €1.8 trillion. Secondly, the Commission is proposing a temporary economic budget of €750 billion under the title 'Next Generation EU'. This far-reaching package, which the Commission drew up in just a few weeks, can have the effect of fundamentally reshaping European budgetary policy and redistributing competences and responsibilities between the EU and the member states. The result could be a significant deepening of European integration.
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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