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While the recovery fund announced by the European Commission is only the beginning of a lengthy political discussion, it has reinvigorated the budgetary negotiations and encourages a reflection on the long-term future of the EU.
The last couple of weeks have seen a number of new proposals announced in response to the COVID-19 crisis and the sharp economic hit to the economies of the EU27. This comes on top of discussions about the future shape of the long-term EU budget as well as the measures the EU needs to introduce to meet its ambitious climate targets.
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