Member States will have to “take all necessary measures to protect the financial interests of the European Union”, whether they receive grants and/or loans under the Recovery and Resilience Facility, the budgetary instrument at the heart of the European Recovery Plan(see EUROPE B12554A3).
This is the main change (Article 19a) introduced in the third compromise proposal on the regulation establishing the Facility, which the German Presidency of the EU Council transmitted to the national...