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Europe Daily Bulletin No. 13473

3 September 2024
ECONOMY - FINANCE - BUSINESS / Economy
European Court of Auditors points to slow use of funds from EU’s post-Covid-19 recovery plan
Brussels, 02/09/2024 (Agence Europe)

Due to delays in the disbursement of European funds and in the implementation of projects, Member States may be unable to use these funds in time before the end of the Next Generation EU Recovery Plan in August 2026, according to the European Court of Auditors on Monday 2 September.

We are flagging risks, as EU countries had drawn down less than a third of the planned funds at the halfway point and made less than 30% progress towards reaching their predefined milestones and targets” in...

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