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Recovery and Resilience Facility Disburses €450B Since 2021

By Drooid · Oct 10, 2026, 12:54 AM UTC · How we work

Summary

Story summary

The Recovery and Resilience Facility has disbursed €450 billion in grants and loans since 2021.
Pierre Moscovici said the €750 billion Next Generation EU borrowing succeeded.
Moscovici asked whether the Recovery and Resilience Facility should become a permanent instrument.
He warned that EU debt could reach €1 trillion by 2027, limiting spending on pensions, health, research and schools.

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Story summary

The Recovery and Resilience Facility has disbursed €450 billion in grants and loans since 2021.
Pierre Moscovici said the €750 billion Next Generation EU borrowing succeeded.
Moscovici asked whether the Recovery and Resilience Facility should become a permanent instrument.
He warned that EU debt could reach €1 trillion by 2027, limiting spending on pensions, health, research and schools.