The EUs recovery fund and private investors will push investment to a level not seen for more than a decade, but the risk of corporate insolvencies could hamper the European economy take-off.
According to the European Commissions economic forecast published on Wednesday (13 May), the improved economic outlook, favourable financing conditions, and recovering corporate profitability will push up investment volumes.
But the game-changer will be the Recovery and Resilience Facility, which will mobilise the bulk of the EUs 800 billion recovery fund.