Economy

Two out of three Romanians think EU should increase recovery fund

The European Union should spend more on its economic recovery plan, according to 64 percent of those asked in a poll conducted by the EU’s own polling agency, Eurobarometer said.

In another question, the poll asked whether people think the European Union would need an extended mandate to handle crises such as the coronavirus pandemic; 29 percent of Romanians answered with a definite yes, while 77 percent somewhat agree. This puts Romanians in ninth place among all EU citizens, just behind Ireland (79 percent) and Italy and Greece (78 percent).

The poll was conducted on a representative sample of 1,050 Romanians and similarly sized samples in other member states, with a total 24,798 people responding over the period of June 11-29.

The European Union will hold its first face-to-face summit since the outbreak of the coronavirus pandemic on July 17-18, with the two main topics on the agenda being the multiannual financial framework (i.e,the European Union’s seven-year budget for the 2021-2027 period) and the economic recovery package of EUR 750 billion.

Although none of the figures are final yet, Romania is expected to receive EUR 31 billion from the rercovery fund. The two biggest beneficiaries would be the two countries hardest hit by the pandemic: Italy with nearly EUR 173 billion and Spain with EUR 140 billion.

Since joining the European Union in 2007, Romania has been a net receiver of EUR 35.52 billion of EU funding.

Title image: EU flags.

Author: Dénes Albert