EU Countries Allowed to Redirect $382Bln From COVID-19 Recovery Fund to Defense - Reports

NAMPA / Sputnik
2025-06-04
MOSCOW, June 5 (RIA Novosti) - Member states of the European Union have received permission from the European Commission to redirect 335 billion euros ($382 billion) from the Resilience and Recovery Facility (RRF), established for recovery after the COVID-19 pandemic, to defense projects, Politico reported on Wednesday. At the same time, EU countries reportedly have to meet a number of agreed targets until August 2026 to unlock the funding for de......
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