Steering Economic Recovery in Europe. Lessons for Governing the Recovery and Resilience Facility

The briefing assesses the interaction between the Recovery and Resilience Facility (RRF) and the European Semester by outlining coordination mechanisms between the two in the broader context of economic governance in the EU. Two main elements of this interaction are emphasised: coordination of investments and implementation capacities. The briefing argues that coordination of investment programmes remains fragmented in the EU, while the notion of policy capacities and experimentation should be given more strategic consideration in the Semester and RRF evaluation frameworks.