We are all living in an extraordinary crisis with the Covid-19 pandemic. While the virus has affected every Member State, the budgetary capabilities of each state’s response to the crisis is not equivalent. Countries that have not fully recovered can have a negative impact on the economic growth of other Member States that have been able to escape the grasps of Covid-19 quicker. This is why cooperation and taking the same measures within the European Union is essential to guarantee that the single market, which is the bedrock of the European economy, does not collapse.
The European Commission has recently offered up a €750 billion EU Recovery Plan, Next Generation EU. Due to a €560 billion Recovery and Resilience Facility, EU countries may ask for support for public investments and reforms in the long run, which will have a lasting impact on the productivity and resilience of Europe’s economy and the European Green Deal. This will in turn allow EU countries to recover in a sustainable and coordinated manner.
With regards to the speakers of this online event (see event calendar on the platform for more information), it will feature Veerle Nuyts and Xavier Vanden Bosch. Veerle Nuyts works for the representation of the European Commission in Belgium as European Semester Officer. Prior to holding this job position, she was a state aid case handler at DG Competition and also worked as a Référendaire at the European Court of First Instance.
As for Xavier Vanden Bosch, he has also worked for the representation of the European Commission in Belgium as European Semester Officer since 2018. Prior to this, he worked in the Chief Economist team in DG Research and Innovation.
