On Wednesday, 27 May, the European Commission presented an ambitious recovery plan, including a new instrument ‘Next Generation EU’ to boost the EU’s spending capacity. The American Chamber of Commerce to the EU (AmCham EU) fully supports the Commission’s proposal which aims to tackle the ripple effects of the COVID-19 crisis on the European economy. AmCham EU calls on Member States to endorse the Commission’s proposal.
In addition to an unparalleled financial commitment, the recovery plan outlines strong policy measures to strengthen the Single Market as well as to enable the green and digital transformations. It has the potential to be one of the engines that will restart Europe’s economy, creating new jobs and prosperity to benefit all citizens.

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