Setting Europe’s economic recovery in motion: a first look at national plans
European Union countries are starting to set out how they plan to spend money from Next Generation EU (NGEU), the EU’s landmark instrument for recovery from the coronavirus pandemic. A first quick analysis shows that the plans of the four largest EU countries, France, Germany, Italy and Spain, reflect rather different priorities, even if all meet the minimum expenditure benchmarks of 37% for climate and 20% for digitalisation.
The plans have rather diverse structures, which makes their comparison difficult.
Germany plans to spend more than half of the EU money it will receive on digitalisation, while the other three countries will spend a quarter or less.
France plans to spend half of its share of the EU money on green priorities.
While investments in buildings energy efficiency follow a similar approach, concentrated on the renovation of both private and public buildings, Italy plans significant investment in climate change adaptation, while France gives greater attention to territorial cohesion in the context of adaptation.
Por: Zsolt Darvas e Simone Tagliapietra
Fonte: Bruegel, em 29 de Abril de 2021