NextGenerationEU funding and the future of Europe
A unique opportunity for growth
Uncover our latest survey findings and the importance of NGEU in building the Europe of tomorrow
NextGeneration EU (NGEU) is one of the largest stimulus packages ever financed. It is made up of European Union funds, totaling €750* billion. This allocation of funds has been designed to enable the EU member states in response to the pandemic to build a greener, more digital, more resilient Europe.
These funds can be made available by member states over the period 2021-2026, with the vast majority (70%) to be disbursed within 2021 and 2022.
It is within this context, that “Greece 2.0”, the Greek National Resilience & Recovery Plan (NRRP) will receive a total amount of just over EUR 30 billion split between Grants and Loans. The NRRP comprises of a comprehensive and coherent set of investments and reforms that are expected to boost economic growth and thereby, job creation and economic and social resilience mobilizing total investments and funds of over EUR 57 billion within the next 5 years.
This report looks at the nature and aims of the NGEU programme and compares them with the expectations of citizens in the EU (and Europe more broadly), based on a survey of 4,500 respondents in seven EU countries and the UK. It makes a detailed assessment of the likely direction of change that will occur in building the Europe of tomorrow.
*In 2018 prices