Von der Leyen: EU budget should be the Marshall plan we lay out together

Von der Leyen: EU budget should be the Marshall plan we lay out together

The EU’s next long-term budget should be a key instrument in the recovery plan to confront the huge economic consequences of the COVID-19 crisis, European Commission President Ursula von der Leyen said on Thursday (2 April), Euractiv reports.

“Some people are talking about a Marshall Plan. The European budget should be the Marshall Plan we lay out together,” von der Leyen said during the presentation of a package aimed at supporting the most affected countries.

A number of member states, including dramatically affected Spain as well as the European Council president Charles Michel, have been calling for an EU Marshall Plan to support the bloc’s economy after the coronavirus storm.

“We all know that in this crisis we need quick answers and we cannot take two or three years to invent new tools,” she said, “the MFF (Multiannual Financial Framework, the EU’s long-term budget) is the strongest tool we have,” von der Leyen said. 

“We want to shape the MFF in such a way that is a crucial part of our recovery plan,” the president added. 

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