While the media, right and left-wing parties and the average newspaper reader celebrate in anticipation of “helicopter money” from Brussels, or otherwise the so-called “Next Generation EU”.
At the last Eurogroup meeting, Eurozone finance ministers agreed to set up a ‘Recovery Fund’ to help trigger an economic rebound once the lockdowns are over.
Although the COVID-19 pandemic is by no means over, in Spain we can already start to learn some lessons that will ensure the same mistakes are not made again if we are ever unfortunate enough to face a similar situation in the future.
The European Commission is meant to be the non-partisan, executive branch of the EU that consists of experts rather than politicians. However, the appointment of Commissioners is certainly a politicised process, so many argue for the democratisation of this procedure.
The European Union’s budget for foreign aid for the 2014-2020 period is of €82 billion on. As part of a new humanitarian aid package, €18.5 million will go to Latin American and Caribbean countries.
The European Commission has fined in July telecommunications multinational Qualcomm with €242 million as it condemns them for selling chipsets “below cost."