NextGen EU to be "eurozone safe asset", says EU Commissioner Hahn

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By Lewis McLellan
14 Apr 2021

The EU Commission will be ready to come to market with the Next Generation EU programme from June. EU Commissioner Hahn said that the funding will become a eurozone safe asset reference point. However, delays in member states’ approvals of the EU’s own resources decision could mean a delay to the process.

The EU intends to raise up to €800bn by 2026, targeting around €150bn a year, although this could be higher in the first three years because of frontloading.

EU officials say that the programme will be finalised and ready to begin by June 1. However, it will only ...

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