Could the European Recovery Plan Actually Break Europe Apart?

The EU’s Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path.

Jul 24, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 9:35 a.m. UTC

The European Union’s Recovery Plan agreement has been widely hailed, but some argue it is taking Europe down a dangerous path.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

Today on the Brief:

  • Which industries are recovering the best
  • China retaliates against U.S. after consulate shutdown 
  • Dollar heads toward its worst month since 2018

Our main discussion features returning guest Tuomas Malinen, CEO of GnS Economics.

In this discussion, Tuomas and NLW discuss:

  • An outline of the European Union’s new recovery plan
  • The new debt issuance structure that marks a first for Europe 
  • The challenges of currency unions 
  • How Europe’s debt crisis changed how Europeans think about economic integration
  • Why the current plan amounts to “stealth federalization” 
  • Why some member states are in a state of mutiny over the fund

Find our guest online:
Website: GnS Economics
Twitter: @mtmalinen

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Trending