EU Budget and Public Investment

EU Budget & Public Investment

This topic area delves into one of the most scrutinized items of EU governance, casting a light on the sources of revenue for the EU budget, including contributions from member states, and the priorities set for expenditure in areas such as infrastructure, research and innovation, regional development, and social cohesion. It also explores the challenges and debates surrounding the size of the EU budget, the distribution of funds, and the impact on member states' economies.

Related articles

Cover of EconPol Policy Report 39

The European Added Value of the Recovery and Resilience Facility

An Assessment of the Austrian, Belgian and German Plans

Francesco Corti, Daniel Gros, Tomas Ruiz, Alessandro Liscai, Tamas Kiss-Galfalvi, David Gstrein, Elena Herold, Mathias Dolls, Clemens Fuest

This paper conducts an in-depth analysis of the National Recovery and Resilience Plans (NRRPs) of Austria, Belgium, and Germany. Exploiting a detailed database that covers all the investments and reforms included in the NRRPs and building on insights from semi-structured expert interviews, we study their alignment with EU objectives, the additionality of the spending, and the cross-border effects. We find that all three NRRPs are well aligned with the objectives defined in the RRF Regulation but differ greatly in terms of additionality. Cross-border projects are only of limited importance. We finally highlight some missed opportunities for other cross-border projects.

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