European Union Recovery Fund

The European Union Recovery Fund is a large financial package created to help EU member countries recover from the economic impacts of the COVID-19 pandemic. It provides financial support to boost economic growth, create jobs, and invest in key areas like green energy, digital transformation, and healthcare. The fund aims to promote fair and sustainable recovery across all member states, encouraging responsible spending and cooperation. It reflects a collective effort to strengthen the EU’s economy, resilience, and future competitiveness in the global landscape.