WHERE DID THE EU’S COVID RECOVERY MONEY GO? AUDITORS SAY IT’S HARD TO TELL
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07.05.2026


EU Observer (6 May 2026)

Wester van GAAL

 

The EU’s €577bn pandemic recovery fund is riddled with transparency gaps that make it hard to tell where the money actually ends up, the European Court of Auditors warned.

There is a “huge lack of transparency,” said Ivana Maletić, lead author of a new report, in a press briefing on Wednesday (6 May).

Set up in 2021, the so-called Recovery and Resilience Facility (RRF) was meant to help member states rebuild after Covid — with a focus on green and digital investment.

 

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