Home / Market Update / EU Commission: National Plans to Spend Covid Recovery Funds Lack Detail, Need to be Improved

EU Commission: National Plans to Spend Covid Recovery Funds Lack Detail, Need to be Improved

The European Commission has warned some preliminary national plans to spend the covid recovery money lack detail and need to be improved, Reuters reports, citing sources with knowledge of the matter.

“EU commission has said the net paying countries would reject plans if not accompanied by reforms.”

Check Also

Geneva framework: Will Trade Deals Dodge Looming Tariff Storm?

The U.S. dollar surged on news of advancing trade talks, particularly with China. U.S. Commerce …