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Article

27 May 2020

Author:
European Commission

Europe's moment: Repair and prepare for the next generation

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Today, the European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all Member States, the European Commission is proposing to create a new recovery instrument, Next Generation EU,embedded within a powerful, modern and revamped long-term EU budget...

[T]he European Commission is proposing to harness the full potential of the EU budget. Next Generation EU of €750 billion as well as targeted reinforcements to the long-term EU budget for 2021-2027 will bring the total financial firepower of the EU budget to €1.85 trillion...

Relaunching the economy does not mean going back to the status quo before the crisis, but bouncing forward. We must repair the short-term damage from the crisis in a way that also invests in our long-term future...

The European Green Deal as the EU's recovery strategy: ...

Rolling out renewable energy projects...

Strengthening the Just Transition Fund...

A fair and inclusive recovery for all: ...

Fair minimum wages and binding pay transparency measureswill help vulnerable workers, particularly women...

The recovery must unequivocally be based on fundamental rights and full respect of the rule of law...

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