EU's Von der Leyen: By mid-year first funds will be disbursed to power Europe’s recovery.

By mid-year we are able to disburse first funds to power Europe’s recovery, Ursula Von der Leyen, President of the European Commission said in a press conference following the signing of the Recovery and Resilience Facility.

Key quotes

“Europe's Recovery & Resilience Facility is signed! Now let's move forward swiftly. “

“EU countries need to ratify the Own Resources Decision & present solid national plans. “

“Then funds will start flowing under #NextGenerationEU to power Europe's recovery.”