id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
cord-268082-znfo9xgv	Picek, Oliver	Spillover Effects From Next Generation EU	2020-10-24		.txt	text/plain	5005	349	69	By capturing a share of economic output from Southern and Eastern European member states that receive more grants, the economies of Northern and Western Europe grow by more than the respective portion of their contributions would suggest. The largest and most economically signifi cant part of the Next Generation EU package (€312.5 billion) will be paid out as grants to member states by the new European Recovery and Resilience Facility (RRF), a post-COVID-19 EU reconstruction programme. 4 Loans have been criticised for not being an effective way to add expenditure to the economy as they merely refi nance national expenditure that would have taken place anywaygiven the accommodating reaction of the European Central 2 Initially, the data by country was restricted to internal European Commission and member state documents, but leaked to the Frankfurter Allgemeine Zeitung (Kafsack, 2020) and later recalculated by Darvas (2020a,b,c) .	./cache/cord-268082-znfo9xgv.txt	./txt/cord-268082-znfo9xgv.txt