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MNI BRIEF: Gentiloni Sees RRF Payments Near 50% At End 24

Economy Commissioner Paolo Gentiloni talks on RRF disbursion..

MNI (BRUSSELS) - The EU Commission will have disbursed almost 50% of the total EU Recovery and Ressilience Facility envelope by the end of this year, Economy Commissioner Paolo Gentiloni said Tuesday. 

The commissioner said that close to 41% of the RRF -- EUR267bn -- had been disbursed to EU states so far and noted 16 payments worth EUR45bn are currently in the pipeline. 

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MNI (BRUSSELS) - The EU Commission will have disbursed almost 50% of the total EU Recovery and Ressilience Facility envelope by the end of this year, Economy Commissioner Paolo Gentiloni said Tuesday. 

The commissioner said that close to 41% of the RRF -- EUR267bn -- had been disbursed to EU states so far and noted 16 payments worth EUR45bn are currently in the pipeline. 

Keep reading...Show less