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covid-19-recovery

2 stories related to this topic, newest first.

EU Auditors Report Difficulty Tracing Billions in COVID Recovery FundsAbc News
world23 days agoDeveloping

EU Auditors Report Difficulty Tracing Billions in COVID Recovery Funds

European auditors said they cannot clearly trace how countries allocated part of the 577 billion euro Recovery and Resilience Facility. The fund was created in 2020 to help EU member states recover from the COVID-19 pandemic through grants and loans tied to specific conditions.

Abc News
1 source
EU Court Confirms Legality of Germany's €6 Billion Lufthansa Aid During Covid-19upi.com
world36 days agoDeveloping

EU Court Confirms Legality of Germany's €6 Billion Lufthansa Aid During Covid-19

Lufthansa has lost a legal battle at the European Union's highest court regarding the legality of a €6 billion recapitalization provided by Germany during the Covid-19 pandemic. The ruling addresses state aid measures taken at the height of the crisis. The decision was reported w…

Bloomberg
1 source