Ad
The total in loans and funds available to battle the economic outcome of the coronavirus pandemic is €672bn (Photo: Fotolia)

The pandemic EU billions? Follow the money (or don't)

Monday (21 February) marks 12 months exactly into one of the largest investment plans to mitigate the economic and social impact of the coronavirus pandemic put forward by the European Commission – yet there is little transparency on how the monies will be spent.

Reaching €420bn over the coming years, as highlighted by EU commissioner Elisa Ferreira, this comes once in a generation.

Accountability and transparency on how money is...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Michèle Rivasi is a French Green MEP, and Karolis Granickas is EU senior manager for the Open Contracting Partnership, and co-founder of the Open Spending EU Coalition.

The total in loans and funds available to battle the economic outcome of the coronavirus pandemic is €672bn (Photo: Fotolia)

Tags

Author Bio

Michèle Rivasi is a French Green MEP, and Karolis Granickas is EU senior manager for the Open Contracting Partnership, and co-founder of the Open Spending EU Coalition.

Ad

Related articles

Ad
Ad