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@TheEconomist: The EU had never spent so much, so fast, as when it issued grants and loans as part of its pandemic ...

The EU had never spent so much, so fast, as when it issued grants and loans as part of its pandemic Recovery and Resilience Facility. Of the two biggest recipients, one has performed slightly better than the other economist.com/europe/2026/08…

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Why the EU’s big covid-recovery fund lost steam

Spain used it better than Italy, but it was not a game-changer
economist.com