EU recovery fund set to ease ECB’s burden

ECB + bridge

The recovery fund agreed by European Union leaders in the early hours of this morning (July 21) is set to reduce the burden on the European Central Bank in tackling eurozone fragmentation risks, say analysts.

Following almost four days of marathon negotiations, the EU’s 27 heads of government agreed on a €750 billion ($860 billion) recovery fund to help member states finance the recovery from the Covid-19 crisis. Crucially, for the first time, the fund entails the European Commission raising

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: