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Brussels Playbook Podcast

Ep 153: Merkel & Macron's Recovery Fund — Economist Lucas Guttenberg

Brussels Playbook Podcast

POLITICO

News, News Commentary, Politics

4.4205 Ratings

🗓️ 21 May 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

It was big and bold and came out of the blue — Angela Merkel and Emmanuel Macron took Europe by surprise with a plan for a €500 billion EU recovery fund. Was it a historic moment for Europe? How would the scheme work? And can the skeptics be won over? POLITICO's Rym Momtaz, Matthew Karnitschnig and Andrew Gray break down the politics behind the plan and preview the battles ahead. To add an expert economist's view into the mix, Matt catches up with Lucas Guttenberg, deputy director of the Jacques Delors Centre at the Hertie School of Governance in Berlin. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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Our recommendations today contribute to a coordinated fair and sustainable exit and recovery.

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And I think this is a moment of truth for this economy that should work for people.

1:31.9

Welcome to EU Confidential. I'm Andrew Gray, Politico's EU editor in Brussels. And you just heard

1:38.1

Nikola Schmidt, the European Commissioner for Jobs and Social Rights, as the Commission set

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out its recommendations to EU governments

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