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

The EU’s Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path.

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ABOUT

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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

HOST

CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

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