EU Agreements Mask Underlying Tensions

By Grégoire Roos

15 December 2020

In this paper we discuss:

1. The agreement on the EU budget and Next Generation EU;
2. Whether the ratification process in Frugal Five countries will still be difficult;
3. What stage national recovery plans are;
4. Italy’s looming political crisis; and
5. Why Covid-related debt cancellation will not occur in the EU.

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Download PDF: R&R EU Update – December 2020