Photo by Alexander Grey on Unsplash The European Union has faced a series of unprecedented and unexpected challenges since the adoption of the Multiannual Financial Framework (MFF) in 2020. The European Commission says that “barely out of one of the deepest global economic crises in more than a century, Russia’s brutal invasion of Ukraine had huge humanitarian, economic and budgetary consequences.” Within…
The European Commission has disbursed €126 million to Estonia and €41 million to Malta in pre-financing under the Recovery and Resilience Facility (RRF). These payments are equivalent to 13% of each country’s grant allocation under the RRF. These pre-financing payments will help to kick-start the implementation of the crucial investment and reform measures outlined in…
The European Commission has disbursed €24.9 billion to Italy in pre-financing, equivalent to 13% of the country’s grant and loan allocation for the Recovery and Resilience Facility (RRF) under NextGenerationEU. Italy is one of the first countries receiving a pre-financing payment under the RRF. The pre-financing will help to kick-start the implementation of the crucial…
