How COVID-19 Will Impact the EU’s Budget Priorities

The economic and health fallout from Europe’s COVID-19 crisis is forcing the European Union to reassess its policy priorities, which could result in the bloc abandoning plans to cut spending in some areas while moderating its ambitions in others. This will lead to clashes between northern and southern governments, which have different goals for the bloc’s seven-year budget. The budget has to be unanimously approved, meaning that member states will have to reach compromises to approve the new spending plans. ...