We are already experiencing the economic effects of the pandemic: state budgets bursting at the seams health care spending increases, significant damage to many sectors of the economy and cultural institutions as a result of the closure of workplaces, shops, schools and theatres.
And, apparently, the worst is yet to come. How should Member States and EU institutions respond to the economic collapse caused by the coronavirus? Can the Reconstruction Fund be a breakthrough for the European economic model? How will it be constructed be and will it allow us to achieve climate goals? What role will further digitization play? How can we ensure the EU’s competitiveness on the global stage in the face of a changing balance of power and an impending crisis?