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Image header Agence Europe
Europe Daily Bulletin No. 13634
Contents Publication in full By article 23 / 35
ECONOMY - FINANCE - BUSINESS / Economy

Post-Covid-19 European Recovery Fund not truly performance-based budgetary instrument, says European Court of Auditors

In a report adopted on Tuesday 6 May, the European Court of Auditors has strongly criticised the operation of the Recovery and Resilience Facility (RRF), arguing that the budgetary instrument of Europe’s post-Covid-19 recovery plan is not really performance-based.

Although it played a “crucial role” in reviving the economy in the European Union after the Covid-19 pandemic, the RRF Facility, which provides Member States with European funding in exchange for the achievement of...

Contents

SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
EXTERNAL ACTION
SECURITY - DEFENCE
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
COUNCIL OF EUROPE
NEWS BRIEFS