University of Tartu says EU joint loan is in line with EU treaties

Legal analysis conducted by the University of Tartu (TÜ) found that the European Union’s proposed €750-billion economic recovery plan is likely to be in line with the union’s treaties.

The analysis was commissioned by the Government Office and conducted by lawyer Carri Ginter, associate professor in European law at the University of Tartu.

Ginter told ERR that the purpose of the analysis was to determine whether the EU’s recovery plan in its current form is compatible with the EU treaties.

Ginter said: “Essentially, with our analysis, we have come to the conclusion that EU law does not preclude such a solution, that the ways proposed there in which the EU borrows directly for extra-budgetary projects that are further implemented in the member states are, in principle, within the competence of the EU.”

More on this topic: https://news.err.ee/1120230/university-of-tartu-says-eu-joint-loan-is-in-line-with-eu-treaties