A historic milestone for the EU? – Silvia Merler

Following four days of intense talks, on July 21st the EU reached an agreement on a €750bn recovery package to aid members affected by the COVID-19 crisis. Some say it has been a historic moment for the European Union, but was it really?

In this podcast, Silvia Merler, Head of Research Algebris Policy & Research Forum, summarises the most controversial points of the deal, the outcome for Italy and the implications for European integration going forward.
This deal has been hailed by many commentators as an historical moment for European Integration. Is it true?

Reaching an agreement has been difficult, taking the European Council 4 days of intense talks. What were the most controversial points of the deal and what compromise has been found? Italy has been especially hard hit by COVID, and a vocal proponent of Eurobonds since early March.
Is this deal a victory for Italy ? What do you think this deal means for European integration going forward?

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