Next Generation EU: pro tempore o per sempre?

The Next Generation EU (NGEU) has represented a turning point for the European Union and an unprecedented demonstration of solidarity in the face of the health and socio-economic crisis triggered by the Covid-19 pandemic. However, the disbursement of the allocated funds is conditioned on the implementation of important structural reforms for which Brussels requires strict guarantees. The existence of tensions with the national governments raises a number of questions: can joint support measures such as the NGEU become stable financial instruments? What are the implications from a political and economic point of view? What role can Italy play in this context?

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