German Finance Minister Olaf Scholz said on Tuesday 6 October that Member States had taken “a big step” towards a political agreement on the proposed regulation establishing the Recovery and Resilience Facility, the budgetary instrument at the heart of the European Recovery Plan (see EUROPE B12562A12).
Meeting by videoconference, the Ecofin Council could not formally adopt its position for the forthcoming negotiations with the European Parliament. This could be done on Friday...