Last spring, Bruno Le Maire did not hide his impatience at the slowness of the execution of the European recovery plan, endowed with 750 billion euros.
Other officials pointed out, on the contrary, that given the traditional pace of the European Union and the intrinsic difficulty in building consensus, the implementation of NextGenerationEU was historically rapid.
Still, thirteen months after the political agreement of the Heads of State in July 2020, the “European checks” do indeed arrive in the accounts of national treasuries.
See also
European recovery plan: will France pay more than what it will receive?
France, with its payment of 5 billion euros announced Thursday, is the eighth of the twenty-seven member states to receive a deposit.
This first transfer corresponds to 13% of the envelope allocated to each country, all of which will be paid in installments by 2023. Before France, since August 3, seven countries
(see opposite)
have touched between Modest 12 million euros (Luxembourg) and 24.9 billion euros
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