EU’s Gentiloni Is Confident on Economic Growth, Recovery Plan

The transcript discusses Europe's vaccination progress and economic outlook, highlighting optimism despite initial delays. It covers the EU Recovery Fund's legal challenges, emphasizing confidence in its approval. The potential for expanding the Recovery Fund is explored, alongside the importance of national and EU-level support. Global taxation cooperation with the US is discussed, focusing on digital and corporate tax reforms. Finally, the EU's temporary state aid rules are addressed, allowing support for companies like Air France during the crisis.

What is the expected economic growth rate for Europe according to the latest forecast?

• 4%

• 5%

• 3%

• 2%

What is the main concern regarding the disbursement of the European Recovery Fund?

• Lack of funds

• Delays due to legal challenges

• High interest rates

• Insufficient member state support

What is the condition mentioned for maintaining the timeline for the recovery fund disbursement?

• Increase in vaccination rates

• Resolution of the German Constitutional Court issue

• Approval from all EU member states

• Support from the US administration

What is the total amount of the common European plan mentioned in the discussion?

• €500 billion

• €750 billion

• €1 trillion

• €1.5 trillion

What are the two main areas of global taxation reform discussed?

• Sales tax and import tax

• Luxury tax and environmental tax

• Corporate tax and digital tax

• Income tax and property tax

What was one of the main decisions taken by the EU a year ago to support companies like Air France?

• Increase in corporate tax

• Suspension of state aid rules

• Reduction in interest rates

• Introduction of new tariffs

What is the EU's stance on the race to the bottom on corporate taxation?

• It is not a concern

• It should be stopped

• It should be accelerated

• It should be encouraged