The EU is preparing to take on large-scale debt together for the first time. She wants to support states that were hit particularly hard by the Corona crisis. Italy receives the largest share; like Spain and France, it benefits disproportionately from the non-repayment grants from the reconstruction fund. The aid money should actually be used primarily for future projects such as digitization and climate protection. But with the new EU funding source, the member states will have more leeway in future to reallocate their national budgets according to political priorities.
EU debt union: Common debts - for pensions in southern Europe
2021-01-07T12:21:28.210Z
The EU is preparing to take on large-scale debts together for the first time. The goal is to use the money to support the crisis countries in the south. But it is already evident that the money should also be used to support the social systems there.
Source: welt