The 27 member states of the European Union agreed in July 2020 on a €750 billion post-Covid recovery plan called NextGenerationEU. Its main instrument is the Recovery and Resilience Facility, through which the European Commission has already disbursed €450 billion. The programme is due to come to an end in a few months, and countries must claim and account for the remaining funds.
How has the European Union’s major recovery plan benefited the 27 member states?
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