Published: July 4th, 2022,
Last updated: December 21st, 2022
The figures were worth only a brief paragraph in the EU Commission’s daily news digest, but the recalculation of the maximum grants from the European reconstruction instrument has a significant impact on many national budgets. Accordingly, Portugal, Spain, and Germany will be able to draw considerably more money from the Recovery and Resilience Facility (RRF), which was launched in the wake of the COVID pandemic. Most of the other countries, on the other hand, will be able to draw down – in some cases significantly – fewer grants from the Brussels pot.