The ‘Recovery and Resilience Facility’ (RRF), the financial arm of the Next Generation EU recovery plan, is “not result-oriented” in terms of the reforms and investments implemented, according to a note published in early April by the think tank Bruegel.
The experts scrutinised the recovery plans of seven Member States (Germany, France, Spain, Finland, Italy, the Netherlands and Romania). In particular, they note the wide variety of ‘milestones’ that Member States have included...