European Commission
Commission disburses nearly €43 billion to five member states
The European Commission has disbursed €42.8 billion to five EU member states - Italy, Portugal, Cyprus, Malta, and Spain - under the Recovery and Resilience Facility, the centrepiece of NextGeneration EU. Spain received €23.1bn, which will support measures to boost renewable energy, cut red tape, and improve justice efficiency. The funds will also invest in short-distance rail travel and strengthen cybersecurity resilience. Italy received €18.3bn, which will finance projects to increase competition and transparency, improve railway accessibility for passengers with disabilities, and enhance renewable energy distribution capacity. Portugal received €1.34bn, which will support reforms and investments in healthcare, housing, and forest fire management. Cyprus received €76 million, which will expand online government services, introduce a transparent beneficial ownership registry, and digitalize healthcare services. Malta received €48.7m, which will increase access to free public transport, promote sustainable mobility, and upgrade education infrastructure.
You can find more information online in the press release.
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