About: Recovery and resilience Facility

Lawmakers vote to exclude fossil fuels from EU recovery fund

The environment committee in the European Parliament voted on Monday (12 October) to exclude fossil fuels from support under the EU’s €750 billion recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.
Economy & Jobs 18-09-2020

It is optimistic to expect recovery funds by mid-2021, says EU official

The approval process for the EU’s €750 billion recovery funds may take longer than foreseen, and it would be optimistic to expect the first disbursements by mid-2021, an EU official said on Thursday (17 September).
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