The EU’s budget and recovery fund deal – a historic moment for Europe?

The over 90-hour European Council summit in Brussels ended with a deal on a €1.82 trillion financial package. What does this deal mean for the future of Europe? Will the EU recovery fund, made up of €390 billion in grants and €360 billion in loans, be a historic change of our Europe and the eurozone, as Macron said? In this week’s podcast, Mark Leonard is joined by Guntram Wolff, Director of Bruegel, Piotr Buras, head of ECFR's Warsaw office and José Ignacio Torreblanca, head of ECFR's Madrid office to discuss the EU deal on the bloc's budget and economic recovery fund. 

This podcast was recorded on 22 July 2020