MACRO PICTURE

The Deal On the EU “Recovery Fund” Will Have Large National Repercussions

By Grégoire Roos and Brunello Rosa

2 July 2020

In this paper we discuss:

• The EU Commission proposal for the recovery plan;
• The chances of this proposal to be approved between July and September;
• The repercussions of the debate at national level in Germany, France, Italy and Spain;
• Germany: how the crisis has altered the race to replace Merkel;
• France: the implications of municipal elections on Macron's bid for presidency in 2022;
• Italy: will Conte survive the economic crisis in Autumn?; and
• Spain: will Sanchez be able to keep its minority coalition government together?

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Download PDF: EU Update - July 2020

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