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Could the European Recovery Plan Actually Break Europe Apart?

(DesignRage/Shutterstock)

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.

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 blockchain news, 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.

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