The European Commission announced on Tuesday, 28 September, that it has disbursed pre-financing payments for the Austrian, Croatian, and Czech recovery plans (see EUROPE B12765A16) under the NextGenerationEU recovery plan.
The payments—€450 million for Austria, €818 million for Croatia, and €915 million for the Czech Republic—are equivalent to 13% of the total allocation for each national plan.
“At this stage, the European Commission has disbursed €51.5 billion in...