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BREAKDOWN: Could the European Recovery Plan Actually Break Europe Apart?

Author
CoinDesk
Published
Fri 24 Jul 2020
Episode Link
None

The EU’s Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path.
This episode is sponsored by Bitstamp and Crypto.com.
Today on the Brief:

Which industries are recovering the best

China retaliates against U.S. after consulate shutdown 

Dollar heads toward its worst month since 2018

Our main discussion features returning guest Tuomas Malinen, CEO of GnS Economics. 
In this discussion, Tuomas and NLW discuss:

An outline of the European Union’s new recovery plan

The new debt issuance structure that marks a first for Europe 

The challenges of currency unions 

How Europe’s debt crisis changed how Europeans think about economic integration

Why the current plan amounts to “stealth federalization” 

Why some member states are in a state of mutiny over the fund

Find our guest online:
Website: GnS Economics
Twitter: @mtmalinen

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