BRIEF: EU’s Hahn Moots Possibility Of Slowing NGEU Repayments

EU Budget Commissioner Johannes Hahn has mooted the possibility of suspending repayments of EU’s Next Generation programme in order to provide more funding leeway in the EU’s next multiannual budget.

“One idea could be to slow down or even to suspend the repayment of Next Generation EU and to carry over and to relieve some money for investments we need – this could help member states and us (EU) to generate more money,” Hahn told the EU Annual Budget Conference in Brussels Monday.

An earlier speaker IMF Managing Director Kristalina Georgieva earlier told the conference the NGEU programme was clear “success story”, noting that the NGEU "is clearly a success story and one the EU should not rush to roll back.”