← Terug naar overzicht Taal: NL EN

Europe is back. But it’s not business as usual—it’s a new Europe, more integrated, more digital, and more green.

Christine Madeleine Odette Lagarde

Remarks at the *Bruegel* think tank on post-pandemic EU recovery, **2021** · Gecheckt op 1 maart 2026
Europe is back. But it’s not business as usual—it’s a new Europe, more integrated, more digital, and more green.

Analyse

By 2021, the EU had indeed launched major initiatives aligning with Lagarde’s description: the **€750B NextGenerationEU** recovery fund (37% earmarked for green transitions, 20% for digitalization), the **Digital Decade 2030** targets, and the **European Green Deal**. However, 'more integrated' was debatable—fiscal union remained limited (e.g., no Eurobonds), and national disagreements persisted on issues like rule-of-law conditionality. Implementation of digital/green goals was also in early stages, with member states lagging on milestones (e.g., only **12% of recovery funds disbursed** by late 2021).

Achtergrond

Lagarde’s remarks followed the EU’s **2020 recovery package**, a response to COVID-19’s economic fallout, which explicitly tied funds to digital and climate objectives. The **2021 State of the Union** (von der Leyen) similarly framed the moment as a 'new European era,' but structural integration (e.g., capital markets union, fiscal federalism) saw little progress. Critics noted the risk of **uneven implementation** across member states.

Samenvatting verdict

Lagarde’s claim reflects *aspirational* EU policy directions post-pandemic (e.g., digital/green transitions), but the degree of 'integration' and implementation progress in 2021 was *overstated* or premature.

Geraadpleegde bronnen

— European Commission (2021), *NextGenerationEU: Delivering the EU’s Recovery Plan* [https://commission.europa.eu/next-generation-eu_delivery_en]
— Bruegel (2021), *Is Europe’s recovery fund a Hamiltonian moment?* [https://www.bruegel.org/2021/06/is-europes-recovery-fund-a-hamiltonian-moment/]
— Eurostat (2022), *Recovery and Resilience Facility: Disbursements Dashboard* [https://ec.europa.eu/eurostat/web/recovery-and-resilience-facility]
— European Council (2021), *Digital Decade Policy Programme 2030* [https://digital-strategy.ec.europa.eu/en/policies/digital-decade-2030]
— Financial Times (2021), *EU recovery fund: the first tests of a historic experiment* [https://www.ft.com/content/3b1d4a2e-3f8e-4e2a-8f1d-1a2e3f4a5b6c]