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How to provide political guidance to the Recovery and Resilience Facility?
The Recovery and Resilience Facility (RRF) constitutes an unprecedented EU-wide resource to address the impact of the COVID-19 crisis on the EU economies. As the governance of the RRF is integrated in the European Semester, it fundamentally changes its character from a non-binding structure for policy coordination to a vehicle for the allocation of a ...
Crum, Ben; id_orcid
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The impact of the recovery and resilience facility on the Greek economy
Economic bulletin, 2021This paper assesses the macroeconomic impact of the stimulus and the structural reforms supported by the Recovery and Resilience Facility (RRF) on the Greek economy. The set-up is a Dynamic Stochastic General Equilibrium (DSGE) model that is augmented to account for the main features of Greece’s plan under the RRF framework.
Dimitris Malliaropulos +3 more
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THE RECOVERY AND RESILIENCE FACILITY: INVESTMENTS IN THE ENERGY SECTOR
International Conference of Management and Industrial Engineering (ICMIE 2023). Towards Increased Business Resilience: Facing Digital Opportunities and Challenges, 2023In the context of the pandemic crisis beginning in 2020, the European Union (EU) established the NextGenerationEU (NGEU) recovery package to shape the future of Europe recovering from the economic and public health collapse as well as fostering the ongoing efforts to mitigate and adapt to climate change.
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Vaccine Distribution and the EU Recovery and Resilience Facility
2022In this article, we discuss the interaction between the Covid-19 vaccine rollout in EU member states and the effective use of grants and soft loans from the EU pandemic recovery fund. With some of the national spending plans for the Recovery Fund still awaiting initial submission (Bulgaria), others pending the Commission's endorsement (Poland, Hungary)
Macchiarelli, Corrado, Giacon, Renato
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European structural funds and resilient and recovery facility governance
2021The paper attempts to recover empirical evidence related to the European Structural and Investment Funds (ESIF) to promote growth for the management of the Recovery & Resilience Facility (RRF). We analyse the impact of the EU Cohesion Policy on regional development over the period 1986-2018, using dynamic panel data models.
San Juan Mesonada, Carlos +1 more
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The place of inequality and poverty in the Recovery and Resilience Facility
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The macroeconomic effects of the EU recovery and resilience facility: A premliminary assessment
2020This policy brief analyses the macroeconomic effects of the EU's Recovery and Resilience Facility (RRF). We present the basics of the RRF and then use the macroeconometric multi-country model NiGEM to analyse the facility's macroeconomic effects. The simulations show, first, that if the funds are in fact used to finance additional public investment (as
Watzka, Sebastian, Watt, Andrew
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