Budget

17 Jun: Reassurance needed to accompany Recovery and Resilience

Editor’s Blog: Produced in collaboration with the EU Buzz team 

Europe’s current buzz words are “recovery” and “resilience” – two words now synonymous with the pandemic. The European Commission has developed a Recovery and Resilience Facility (RRF) for its 27 Member States and has called on them to prepare their submission for financing – funding which will directly support their exit from the health crisis. 

The Facility is a substantial amount – €672.5 billion – to support investments and reforms – €312.5 billion in grants and €360 billion in loans. The financial allocations to Member States are complex but mainly …

14 Jun: As Rule of Law blocks EU budget, EU Parliament proposes to sue EU Commission

Editor’s Blog: Produced in collaboration with the EU Buzz team 

In a recent turn of events, Members of the European Parliament (MEPs), in their plenary session of 10 June 2021, instructed their president, David Sassoli, to demand that the EU Commission “fulfil its obligations” under the Rule of Law Conditionality Regulation. This formal request, made as a resolution, relates specifically to the new conditionality instrument to protect the EU budget Recovery Fund which was introduced on 1 January 2021. Whilst there has always been a battle for controlling power between the equally levelled European Parliament and the European Commission, such …