US EditionEuropean Commission: EU States Have so Far Entered Less than Half of the Pension Funds After Pandemic
9 Articles
9 Articles
THE LETTER OF BRUSSELS. There are 452 days left to spend EUR 335 billion on the European Recovery Plan. Unable mission? Brussels refuses any postponement and sounds the alarm.
More than EUR 335 billion have not yet been accessed from the European Union's resources created to assist in the recovery after the Coronavirus pandemic, the deadline for final payments being set for the end of 2026 was announced by the European Commission, transmitted in accordance with Agerpres.
Not even half of the debt-financed Corona building fund has been called up so far, and the money is now to be channelled through other channels.
With just over a year to go before the deadline set for implementing the Recovery Fund is over, more than half of the resources have not been deployed. Of the 650 billion budgeted between grants and loans, Brussels has not yet disbursed 335 billion. The cause? Member States are very late in implementing their recovery plans. As the European Commission itself recalls, so far it has distributed 315 billion in response to compliance with reforms an…
The measure affects blocked funds at state agencies and in the case of the capital, and based on the proposals, the state will actually waive 10.4 billion from the recovery fund.
The government has submitted two draft regulations for public consultation to amend the rules for the use of EU funds. The proposals, registered by the Ministry of Public Administration and Regional Development, would essentially cancel the applications for the Recovery and Resilience Facility (RRF), which threatens to call for tenders worth around 10.4 billion euros (4,195 billion forints). In the case of cohesion funds, items would be deducted…
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