EU auditors warn recovery fund transparency is too weak to track spending
The European Court of Auditors has warned that the EU's €577bn pandemic recovery fund has major transparency gaps, making it difficult to see where the money ended up and what it achieved.In a report published on Wednesday, the auditors said the Recovery and Resilience Facility, launched in 2021, was meant to support rebuilding after Covid with a focus on green and digital investment.By January 2026, €577bn of the €723.8bn pot had been committed.The court said member states are not required to publish actual amounts spent on individual measures, and only have to list the 100 largest recipients of the funding.It... [Continue Reading]
360LiveNews | 06 May 2026 17:00 LONDON
