Brussels has loosened conditions for using the remaining €335 billion in the pandemic recovery fund The European Commission has allowed member states to redirect funds they have struggled to claim from the joint pandemic recovery pot for national development projects into bloc-wide security and defense initiatives – with significantly less oversight and fewer bureaucratic hurdles. The EU established the €650 billion ($740 billion) Recovery and Resilience Facility (RRF) in 2021 to support green

Tag-uri: Coronavirus