The EU recovery aims to save the economy, and change politics
The proposed EU recovery program represents an attempt to transform the power relationship between the EU and its member states, and its influence over the economic development of the continent. This is more than an argument over which member state gets the best slice of the pie: this is an attempt to shift the power of economic policy making to the Commission and to introduce the power of the EU to collect tax revenue from EU citizens.
The plan would allow the EU to attain funds on the capital market to distribute among the countries hardest hit by the pandemic. It would also put more money into some of the EU's strategic priorities- and possibly could give the EU the power to introduce its own taxes.
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