The Covid-19 Crisis has hit the entire European economy with an unprecedented intensity. In the spirit of the current situation, national and regional promotional banks across all Europe have introduced necessary measures to help their respective markets. Its extraordinary speed caused by the unexpected supply and demand shocks requires accordingly quick policy measures. Access our policy recommendations for action on EU levelLearn more
The EC has withdrawn its initial proposal of May 2018 as a response to the Covid-19 Crisis, and submitted a new proposal on 29 May 2020. Following the new MFF 2021-27 agreement reached by the European Council summit, funding for the InvestEU programme is now set to be cut dramatically to mere EUR 9,142 bn, compared to the May 2020 proposal of EUR 34,424 bn for the entire seven-year periodLearn more
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