Simulating the distributive effects of the Macron-Merkel-Recovery Fund

Friedrich Heinemann

No 20-07, ZEW Expert Briefs from ZEW - Leibniz Centre for European Economic Research

Abstract: In a joint initiative, the political leaders of France and Germany have proposed to set up a EUR 500 billion fund to support the recovery of the EU economy from the COVID-19 recession. The Recovery Fund (RF)shall be financed through the issuance of bonds by the European Commission. Repayments will be made from the EU budget. The money is to be used to support sectors and regions particularly affected by the negative economic consequences of the pandemic. This expertise sheds light on the direction and magnitude of the resulting net-payments through the Fund. It provides simulations on the spending and refinancing side.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/271622/1/zew-exp202007.pdf (application/pdf)

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: https://EconPapers.repec.org/RePEc:zbw:zewexb:2007

Access Statistics for this paper

More papers in ZEW Expert Briefs from ZEW - Leibniz Centre for European Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().