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The Day After NextGenerationEU

What Could the EU Do

Bibliographic Data

ID10070428
AuthorsJudith Arnal (0009-0008-8323-2961, CEPS Brussels), Juan Pablo Riesgo (EY Madrid), Ignacio Niño (EY Madrid), Chus Escobar (EY Madrid)
Year2025
Publication date2025-09-09
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJCMS Journal of Common Market Studies (JOURNAL)
Journal identifiersISSN: 0021-9886 • E-ISSN: 1468-5965
PublisherWiley (PUBLISHER • GB)
DOI10.1111/jcms.70034
OpenAlexW4414103740
LanguageEN
Citations received1
References cited19

NextGenerationEU (NGEU) constitutes an unprecedented EU response, but it is expected to end in 2026, as it has been conceived as a one‐off programme to counter the effects of the Covid‐19 pandemic. Yet, new challenges are emerging, and the EU needs to adapt accordingly. This article analyses the features of the Recovery and Resilience Facility, the main component of NGEU, exploring the most successful elements, as well as those where there is margin for improvement. It then presents the lessons learnt and principles any new EU financial facility should be based on to be potentially successful and, on that basis, elaborates on three complementary proposals of EU instruments. It finally suggests funding sources for these proposals

European Monetary and Fiscal Policies · European Union Policy and Governance · Regional Development and Policy

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Unique citing works1
Citations per year1
Citation span2026 - 2026 (1)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 1

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