In December, EU leaders reached agreement on a €750 billion pandemic recovery fund, financed by joint borrowing. However, as Valentin Kreilinger writes, the implementation of the fund has already encountered difficulties in the EU’s three largest states, with more trouble potentially on the horizon. The EU finally agreed on its next multi-annual budget and a … Continue reading EU member states are mired in internal squabbling over the Covid-19 recovery fund – and more difficulties lie ahead