The European Parliament is set to give the green light on Tuesday (9 February) to the rules for paying out €672.5bn to member states under the EU's recovery fund aimed to alleviate the economic impact of Covid-19.
But the disbursement of the funds will still take months to start.
EU officials on Monday said that no decision on releasing the funds can be taken before the so-called "own resources" decision is approved by EU countries.
The new own-resources limit, agreed by ...
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Already a member? Login hereEszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.
Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.