Lagarde: Germany Should Deal With EU Aid `In Short Order'

The transcript discusses the slow progress of the recovery fund, which is expected to be deployed in the latter half of 2021. Member States are responsible for ratifying the instrument and ensuring their recovery and resilience plans are documented and approved. There are legal challenges, notably from the German Supreme Court, that need resolution. The speaker expresses hope for a resolution to deliver on agreements made in July, already voted on by many parliaments.

What is the expected timeline for the deployment of the recovery fund?

• Second half of 2021

• First half of 2021

• First half of 2022

• Second half of 2022

Who is responsible for ratifying the instrument for the recovery fund?

• The European Commission

• The European Parliament

• The Member States

• The United Nations

What challenge is mentioned regarding the ratification process?

• An injunction by the German Supreme Court

• A protest by the Member States

• A delay in the European Parliament

• A veto by the European Commission

What is the hope regarding the challenge by the German Supreme Court?

• That it will be postponed

• That it will be escalated

• That it will be resolved quickly

• That it will be ignored

What has already been done by many parliaments regarding the agreements made in July?

• They have rejected them

• They have voted on them

• They have postponed them

• They have ignored them