Next Generation EU Funding and The Future Of Europe

By Deloitte

The huge Next Generation EU (NGEU) funding programme for the development of Europe after the COVID-19 pandemic is now under way and is being supplemented by local and private investments. The programme will distribute over €800 billion of which Malta is planned to receive €300 million which will support the post-COVID economic and social revamp and trigger a greener transition that’s more digital and better prepared for challenges now and in the future.

NextGeneration EU (NGEU) is one of the largest stimulus packages ever financed. It is made up of European Union funds, totalling €806* billion. This allocation of funds has been designed to enable the EU member states in response to the pandemic to build a greener, more digital, more resilient Europe.

These funds can be made available by member states over the period 2021-2026, with the vast majority (70%) to be disbursed within 2021 and 2022.

This report looks at the nature and aims of the NGEU programme and compares them with the expectations of citizens in the EU (and Europe more broadly), based on a survey of 4,500 respondents in seven EU countries and the UK. It makes a detailed assessment of the likely direction of change that will occur in building the Europe of tomorrow.

More details on their website.