Economics at your fingertips  

Serendipity or a Missed Chance? On the Interaction Between Vaccine Distribution and the EU Recovery Funds

Corrado Macchiarelli () and Giacon Renato ()
Additional contact information
Giacon Renato: European Bank for Reconstruction and Development, London, UK

The Economists' Voice, 2021, vol. 18, issue 1, 115-127

Abstract: In this article, we discuss the interaction between the Covid-19 vaccine rollout in EU member states and the effective use of grants and soft loans from the EU pandemic recovery fund. With some of the national spending plans for the Recovery Fund still awaiting initial submission (Bulgaria), others pending the Commission’s endorsement (Poland, Hungary) or formal Council’s approval (Romania, Estonia), and various other national plans in their implementation stage, the next challenge for policymakers will be to ensure that the initial and subsequent tranches of EU funds are released as economies reopen. We claim that special attention ought to be paid to Central and Eastern Europe, where some countries are lagging in their vaccine rollout and/or the preparation for their use of the EU recovery funds. This is likely to be an important test for EU institutions in determining the stability and coherence of the European project as a whole.

Keywords: Recovery and Resilience Facility; RRF; Covid-19 vaccine; EU integration (search for similar items in EconPapers)
JEL-codes: F36 O52 P16 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1515/ev-2021-0012

Access Statistics for this article

The Economists' Voice is currently edited by Michael Cragg, Dwight Jaffee and Joseph Stiglitz

More articles in The Economists' Voice from De Gruyter
Bibliographic data for series maintained by Peter Golla ().

Page updated 2023-06-15
Handle: RePEc:bpj:evoice:v:18:y:2021:i:1:p:115-127:n:7