Brief: EU Recovery Worries
Divergencies in the rate of recovery are likely to get worse.
Background: Last year, the European Union approved the 672.5 billion-euro ($815 billion) Recovery and Resilience Facility to help member states recover from the impact of the coronavirus pandemic. The funds are supposed to start flowing by mid-2021. In the meantime, member states’ economies are diverging, and there are mounting concerns over the recovery fund’s rollout […]