Talks will begin today, May 27, on the European Union’s (EU) seven-year budget and plans to fund the economic recovery following the coronavirus pandemic. France and Germany proposed a €500 billion European Union Recovery Fund, to be financed by debt issuance by the European Commission on behalf of the Union. Do the current multi-annual EU budget be achieved? What are the pros and cons to bear in mind looking at the EU final budget agreement? Which place could we expect for Europe in the geopolitical sphere post crisis?
Enrico Letta, former Italian Prime Minister (from 2013 to 2014), is the keynote guest of this new episode of the Blue Conversation series, interviewed by Monica Defend, Global Head of Research.
DISCLAIMER: This podcast is only for the attention of “Professional” investors as defined in Directive 2004/39/EC dated 21 April 2004 on markets in financial instruments (“MIFID”), investment services providers and any other professional of the financial industry. Views are subject to change and should not be relied upon as investment advice on behalf of Amundi.