The EU Budgetary Package 2021 to 2027 Almost Finalised. An Assessment.

01  March 2021    4:00 pm CET

Online presentation and panel discussion with Thomas Reininger (OeNB), Zsolt Darvas (Bruegel), Margit Schratzenstaller (wifo) and Michael Landesmann (wiiw)


This is an online event. The panel discussion will be streamed as a YouTube Livestream and can be watched via this page. Questions can be asked via Please register for reminders and e-mail updates.


You may ask questions during the session via using the hashtag #eubudget.

The panel will discuss the current state of play of the EU budgetary package for 2021-2027, including the ‘Next Generation EU’-Recovery Instrument EURI. Background to this discussion is Thomas Reininger’s recent wiiw Policy Note which assesses the EU Package in detail.

The following questions will be addressed:

  • Is the establishment of the EURI the optimally feasible policy response to the deep crisis triggered by the Covid-19 pandemic?
  • Would there be superior economic policy approaches at EU level?
  • How relevant is the climate target attached to the EU budgetary package?
  • Is the roadmap towards new own resources likely to hold?
  • Is there significant risk that Member States might not be able to use available EU funding or misuse them?

The presentation will be held in English.

The panelists

Thomas Reininger
Lead Economist at the Oesterreichische Nationalbank (OeNB), Austria’s Central Bank. He works in the Foreign Research Division and focuses on CESEE countries and European economic and monetary integration. His areas of expertise include monetary transmission, financial sector and stability analysis, bank stress-testing and macro-financial risk assessment. In 2019, he was seconded as advisor to the Executive Director of the IMF’s Central European constituency.

Zsolt Darvas
Senior Fellow at the Brussels-based think-tank Bruegel and Senior Research Fellow at the Corvinus University in Budapest. His current research works focus on policies addressing the economic fallout from the coronavirus pandemic, European economic governance, EU budget, financial integration and development. In the past, Zsolt Darvas was Deputy Head of the research unit of the Central Bank of Hungary (1994-2005) and did various research projects for multilateral institutions (EC, EP, OECD, World Bank, ADB).

Margit Schratzenstaller
Senior Economist at the Austrian Institute of Economic Research (WIFO). Her areas of expertise include (European) tax and budget policy, EU budget, family policy, gender budgeting and gender aspects of taxation. During 2006-2008 and 2015-2019, she was Deputy Director of WIFO. Margit Schratzenstaller prepared numerous studies for the European Parliament and the European Commission as well as for national clients. In 2016, she was awarded the Progressive Economy Prize of the European Parliament (2016).

Michael Landesmann
Senior Research Associate at wiiw and Professor of Economics at the Johannes Kepler University Linz. He was Scientific Director of wiiw from 1996 to 2016. His research focuses on European economic integration, structural change, economic growth, general topics in international economic relations, labour markets and migration.