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French-German Initiative for European Recovery from the COVID-19 Crisis

20 May 2020

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Proposed Changes

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France-Germany-European Union

The French Ministry of European and Foreign Affairs has published a French-German initiative that proposes several measures for the recovery of Europe from the COVID-19 crisis. The proposal covers four main areas: Developing strategic health sovereignty with an EU "Health Strategy" Setting up an ambitious "Recovery Fund" at the EU level for solidarity and growth Speeding up the green and digital transitions Enhancing EU economic and industrial resilience and sovereignty and give a new impulse to the single market While the proposed measures are not focused on taxation, the proposal does include that improving the framework for fair taxation in...