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Research Handbook on Post-Pandemic EU Economic Governance and NGEU Law
This Research Handbook provides a comprehensive analysis of post-pandemic EU economic governance and Next Generation EU (NGEU) law. It explores the profound impact of Covid-19 on the architecture of EU economic governance, focusing on the establishment and implications of the NGEU Recovery Fund.
More Information
Contents
More Information
This Research Handbook provides a comprehensive analysis of post-pandemic EU economic governance and Next Generation EU (NGEU) law. It explores the profound impact of Covid-19 on the architecture of EU economic governance, focusing on the establishment and implications of the NGEU Recovery Fund.
Bringing together a carefully selected and diverse group of leading legal scholars, political scientists and economists, the Research Handbook critically examines the NGEU’s governance structures, objectives, values and funding mechanisms. It discusses how the NGEU and other EU programmes have allowed the EU to provide support to Member States and citizens in fostering economic and social recovery following the pandemic. Adopting a forward-thinking approach, it considers the key challenges lying ahead for the EU, including its digital and green transitions, global competitiveness and geopolitics following Russia’s invasion of Ukraine.
Contributing to the ongoing scholarly and policy discussions on the future trajectory of the EU, this Research Handbook is a fundamental resource for academics, researchers and students of European law and governance, economic regulation and integration, finance and banking law, tax law, monetary and fiscal policy, and competition law. Shedding light on the post-pandemic legal, institutional and economic developments in the EU, it is also of interest to policy practitioners and EU think-tanks.
Bringing together a carefully selected and diverse group of leading legal scholars, political scientists and economists, the Research Handbook critically examines the NGEU’s governance structures, objectives, values and funding mechanisms. It discusses how the NGEU and other EU programmes have allowed the EU to provide support to Member States and citizens in fostering economic and social recovery following the pandemic. Adopting a forward-thinking approach, it considers the key challenges lying ahead for the EU, including its digital and green transitions, global competitiveness and geopolitics following Russia’s invasion of Ukraine.
Contributing to the ongoing scholarly and policy discussions on the future trajectory of the EU, this Research Handbook is a fundamental resource for academics, researchers and students of European law and governance, economic regulation and integration, finance and banking law, tax law, monetary and fiscal policy, and competition law. Shedding light on the post-pandemic legal, institutional and economic developments in the EU, it is also of interest to policy practitioners and EU think-tanks.
Contents
Contents
1 Introduction to the Research Handbook on Post-Pandemic EU
Economic Governance and NGEU Law 1
Federico Fabbrini and Christy Ann Petit
PART I COVID-19 AND EU ECONOMIC LAW
2 Covid-19 and Monetary Union 11
Annelieke Mooij
3 Covid-19 and Fiscal Union 24
Fabian Amtenbrink
4 Covid-19 and Financial Union 43
Christy Ann Petit
PART II PANDEMIC-RELATED DEVELOPMENTS
5 European stability mechanism 65
Tomi Tuominen
6 Support to Mitigate Unemployment in an Emergency – SURE 80
Ian Cooper
7 State aid 93
Juan Jorge Piernas López
PART III NGEU: STRUCTURES AND IMPLEMENTATION
8 Recovery and resilience facility 110
Stefania Baroncelli
9 REPowerEU 128
Rosalba Famà
10 National recovery and resilience plans 145
Jonathan Zeitlin, David Bokhorst and Edgars Eihmanis
PART IV NGEU: OBJECTIVES AND VALUES
11 Digital and green: reconciling the EU twin transitions in times of war
and energy crisis 162
Edoardo Celeste and Goran Dominioni
12 Milestones and targets 180
Niall Moran
13 Rule of law conditionality 196
Niels Kirst
PART V NGEU: GOVERNANCE
14 Decision-making: European Council, Council and Commission 211
Maria Patrin
15 Accountability: European Parliament 226
Alastair MacIver
16 Financial oversight: internal and external control authorities 238
Pauline Thinus and Paul Dermine
PART VI NGEU: FUNDING
17 The Own Resources Decision (ORD) and EU public finances 256
Ana Belén Macho Pérez
18 The Emissions Trading Scheme (ETS) and the Carbon Border
Adjustment Mechanism (CBAM) 273
Maria Kendrick
19 The OECD/G20 and the EU global minimum tax 283
Carlo Garbarino
PART VII EU ECONOMIC LAW BEYOND NGEU
20 The new Stability and Growth Pact: innovation and continuity in the
light of NextGenerationEU 300
Lucio R. Pench
21 NGEU and the international role of the euro 329
Pier Mario Lupinu and Anna Machura-Urbaniak
22 EU fiscal capacity and the funding of the war in Ukraine 346
Federico Fabbrini
1 Introduction to the Research Handbook on Post-Pandemic EU
Economic Governance and NGEU Law 1
Federico Fabbrini and Christy Ann Petit
PART I COVID-19 AND EU ECONOMIC LAW
2 Covid-19 and Monetary Union 11
Annelieke Mooij
3 Covid-19 and Fiscal Union 24
Fabian Amtenbrink
4 Covid-19 and Financial Union 43
Christy Ann Petit
PART II PANDEMIC-RELATED DEVELOPMENTS
5 European stability mechanism 65
Tomi Tuominen
6 Support to Mitigate Unemployment in an Emergency – SURE 80
Ian Cooper
7 State aid 93
Juan Jorge Piernas López
PART III NGEU: STRUCTURES AND IMPLEMENTATION
8 Recovery and resilience facility 110
Stefania Baroncelli
9 REPowerEU 128
Rosalba Famà
10 National recovery and resilience plans 145
Jonathan Zeitlin, David Bokhorst and Edgars Eihmanis
PART IV NGEU: OBJECTIVES AND VALUES
11 Digital and green: reconciling the EU twin transitions in times of war
and energy crisis 162
Edoardo Celeste and Goran Dominioni
12 Milestones and targets 180
Niall Moran
13 Rule of law conditionality 196
Niels Kirst
PART V NGEU: GOVERNANCE
14 Decision-making: European Council, Council and Commission 211
Maria Patrin
15 Accountability: European Parliament 226
Alastair MacIver
16 Financial oversight: internal and external control authorities 238
Pauline Thinus and Paul Dermine
PART VI NGEU: FUNDING
17 The Own Resources Decision (ORD) and EU public finances 256
Ana Belén Macho Pérez
18 The Emissions Trading Scheme (ETS) and the Carbon Border
Adjustment Mechanism (CBAM) 273
Maria Kendrick
19 The OECD/G20 and the EU global minimum tax 283
Carlo Garbarino
PART VII EU ECONOMIC LAW BEYOND NGEU
20 The new Stability and Growth Pact: innovation and continuity in the
light of NextGenerationEU 300
Lucio R. Pench
21 NGEU and the international role of the euro 329
Pier Mario Lupinu and Anna Machura-Urbaniak
22 EU fiscal capacity and the funding of the war in Ukraine 346
Federico Fabbrini
