The European Court of Auditors identified on Wednesday 9 December several risks related to the implementation of the Recovery and Resilience Facility, the budgetary instrument at the heart of the European Recovery Plan, in a report taking stock of the measures taken at national and European level in response to the Covid-19 pandemic (see EUROPE B12578A3).
“The effectiveness of the newly proposed recovery facility risks being impaired if:– its financial structure is not adequate;...