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The EU Commission announced Tuesday that the first pre-financing funds from the EU Recovery and Resilience Fund have been disbursed. Belgium, Luxembourg and Portugal were the first recipients of the funds, receiving the 13% of the total funds for which they are eligible. Belgium received a total €770 million, Luxembourg 12 million and Portugal 2.2 billion.

A Commission spokesperson described this as an "important step" and said other member states would be receiving their pre-financing funds during August.