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NextGenerationEU: up to €800 billion to fund the recovery

Apr 14, 2021 | News

(14 April 2021) – The European Commission has today taken steps to ensure that borrowing under NextGenerationEU will be financed on the most advantageous terms for EU Member States.

© European Commission

The Commission will use a diversified funding strategy to raise up to around €800 billion in current prices until 2026.

NextGenerationEU – at the heart of the EU’s response to the coronavirus pandemic – will be funded by borrowing on the capital markets.

This will translate into borrowing volumes of on average roughly €150 billion per year, which will make the EU one of the largest issuers in euro.

All borrowing will be repaid by 2058.

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