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The EU’s new long term budget: a “Hamiltonian moment” for the European Union?

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After the difficult negotiations of the longest ever EU summit, EU leaders agreed last week on a €750 billion recovery fund and at least one new EU tax. Some called it a “Hamiltonian moment” for the European Union. Practice Lead Denzil Davidson and Senior Associate Ana Martínez examine what was agreed, the politics that got us here, the disputes that still haven’t been resolved and what it means for the EU’s future.

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