The EU budget and the use of conditionalities: an effective tool to protect the EU financial interests?

The execution of the EU budget has been the target of increasing criticism over the last few years. The multiple crises that hit the EU showed the deficiencies of the long-standing arrangements for the EU budget. The adoption of the Next Generation EU package represents an unprecedented attempt to face some of these criticisms, while it triggers further legal issues of budgetary governance. Conditionality, in particular, has been revamped as a tool to preserve the fulfillment of the EU objectives while enforcing the principle of sound financial management.
This paper focuses on such use of conditionalities as an instrument of internal governance. It aims at understanding whether it effectively protects the EU financial interests, or it is instead a tool to raise the protection of the EU financial interests to a general principle of EU law setting specific solidarity rules for the Member States.