Money Talks: The next generation
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 30 March 2021
⏱️ 30 minutes
🧾️ Download transcript
Summary
The EU’s €750bn recovery fund aims to rejuvenate the old continent, but ten months in it faces legal challenges and is yet to pay out a cent. Sustainable investing has been accused of “greenwashing”: we crunch the numbers to find out the real impact. And, ahead of Deliveroo’s IPO, our correspondents take to two wheels to investigate the economics of food delivery. Patrick Lane hosts.
With Paolo Gentiloni, European commissioner for economy and former prime minister of Italy, and Tariq Fancy, former chief investment officer for sustainable investing at BlackRock.
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Transcript
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| 0:00.0 | Work takes up a big part of your life. |
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| 0:23.0 | Get the job your expertise deserves. |
| 0:26.0 | Upload your CV today for free on Indeed.co.uk |
| 0:38.0 | Can Europe's next-generation recovery fund rejuvenate the old continent? |
| 0:43.0 | You're listening to Money Talks on Economist Radio. |
| 0:46.0 | Our weekly podcast on the markets, the economy, and the world of business. |
| 0:52.0 | I'm Patrick Lane, a digital editor at The Economist. |
| 0:56.0 | Also on today's show, does green investing do any good? |
| 1:01.0 | Protecting an investment portfolio from the carnage of climate change is not the same thing as preventing the carnage of climate change. |
| 1:08.0 | And is the business model behind food delivery starting to go off? |
| 1:15.0 | Everybody is completely aware that it's too little money. |
| 1:19.0 | So you still continue even though you're thinking, this is not enough, this is ridiculous. |
| 1:35.0 | First, the European Union is attempting to get its whopping pandemic recovery package passed. |
| 1:42.0 | The 750 billion euro fund, named Next-Generation EU, is less as stimulus than an ambitious investment plan to transform Europe's economies. |
| 1:53.0 | As the European Commission's President, Ursula Fonda-Lion, explained. |
| 1:58.0 | Next-Generation EU will invest in repairing our social fabric, protect our single market, help rebalancing balance sheets across Europe. |
| 2:10.0 | Yet, although it was announced 10 months ago, in May 2020, it is still to disperse a single cent. |
... |
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