Date:Â 07/04/2021
The German Constitutional Courtâs postponing of its decision on two claims against the EU recovery fund does not (yet) mean that Next Generation EU will not happen. But there will be a delay and the courtâs final decision might remain uncertain for some time.
On 14 December 2020, after arduous negotiations (including a four-day European Council session in July), and following approval by the European Parliament, the EU Council unanimously adopted a new Decision on the EUâs Own Resources (ORD). This Decision contains, in particular, the necessary provisions for the financing of the temporary EU Recovery Fund (â¬750 bn: â¬390 bn in grants and â¬360 bn in loans), also called Next Generation EU (NGEU).Â