The EU Competitiveness Fund for dummies
The European Commission has unveiled its long-awaited plan for the future EU budget. Brussels proposed to shake up the EU’s finances with the creation of a Competitiveness Fund — a single, €400-billion pot which it hopes will give the bloc the financial firepower needed to deliver on climate, energy and economic objectives. Contexte looks at the fine print to figure out just how this budgetary overhaul will work.