COVID Recovery Fund challenged in European Courts

Robert Tyler | 12th April 2021 | Uncategorised
Brussels,,Belgium,-,October,31,,2020:,Covid-19,Recovery,Plan,For

If the Constitutional Court decides to proceed with the case, it could delay the roll out of the Coronavirus Recovery Fund for months

The Liberal Conservative and Reformer Party in Germany may not be polling more than 1% in the opinion polls at the moment, yet it is currently having more of an impact on EU Policy than even the mighty Christian Democrat Party of Angela Merkel. The small party, founded in 2016 by former members of the now far-right Alternative for Germany Party, has found itself at the centre of an enormous legal row because of its leader Bernd Lucke. Mr Lucke, who served as Member of the European Parliament from 2014-19, has brought forward a case against the European Union’s proposed Coronavirus Recovery Fund. He, and over 2,000 other co-signatories, claim that the €750 billion fund is illegal as it contravenes European Union law. His main argument is that the Recovery Fund isn’t all that it is claimed to be, and that it in fact acts as a means of pooling debt liability. In other words, it’s a Eurobond – a financial instrument that Germany rejected during the Eurozone crisis. The case being brought f...

Subscribe to The Mace

Join the member community shaping British politics and stay ahead of what's really happening in the world of politics and public affairs, with expert analysis, breaking news, and insider insights from Westminster and Brussels. The Mace is the leading news source and resource for the government affairs industry, offering required reading and lobby intelligence for professionals.

To see what you are missing out on by not subscribing to The Mace, click here to download our full membership info-pack. This includes having no paywall on op-ed content or profiles/interviews, allowing professional profiles to be read with maximum impact and visibility by government, special advisers, MPs, peers, civil servants, and policy and political decision-makers.



Clashing Tribes: The Longevity of ‘Us’ and ‘Them’ Politics

Mace | October 4, 2020

Whatever you think of identity politics, the social battleground between ‘Us’ and ‘Them’ is here to stay, argues Robert Ford.

Hard rain coming: Inside the Whitehall revolution

Mace | October 4, 2020

George Peel examines Downing Street’s ruthless approach to civil service reform

Long Table: Peter Mandelson’s Cosy Country Life in Lockdown 

Mace | October 4, 2020

Tucked away in Wiltshire, Peter Mandelson read his way through lockdown, when he wasn't zooming into the Lords

Protecting our Heritage

Mace | October 1, 2020

There is perhaps no organisation that exemplifies Britain’s regional spirit of place better than English Heritage.

The Scourge of the Political Celebrity

Mace | February 6, 2020

Political celebs don't win elections, they just get in the way

A Shakespearean in Downing Street

Mace | February 6, 2020

It was in another lifetime that Boris Johnson stood up – on the eve of the May era, in fact – and quoted Shakespeare’s Julius Caesar

Eton Mess

Ferdie Rous | January 31, 2020

David Cameron’s bio states that booking him offers an ‘unrivalled perspective on the future of the European Union’. This rings a little hollow when set against the referendum…

Happy Times

Mace | January 31, 2020

The strange hierarchy of the press gallery

The Seldon Slap

Mace | January 31, 2020

Sir Anthony Seldon's new book goes down well with Olly Robbins

Aggers for PM?

Mace | January 31, 2020

Jonathan Agnew – a politician?