The President of the European Parliament, David Sassoli, and the Portuguese Prime Minister, António Costa, on Friday 12 February signed the regulation establishing the Recovery and Resilience Facility, the €672.5 billion budgetary instrument (€312.5 billion in grants and €360 billion in loans) at the heart of the Next Generation EU Recovery Plan (see EUROPE B12626A1).
“We have vaccines to save lives and a vitamin to boost the economic recovery”, said Mr Costa, on behalf of...