The EU’s covid-19 recovery fund has changed how Europe spends money
But there are further tests to come
The adage that Europe is forged in crisis may be about to acquire a refinement. By the time a response to any given crisis is operational, which takes a while in a 27-country bloc, there is a good chance that the crisis will be more or less over. But the response might well turn out to be just in time for the next one.
This article appeared in the Europe section of the print edition under the headline “So far, so good”
Europe May 28th 2022
From the May 28th 2022 edition
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