State-backed companies are the main beneficiaries of NextGen funds, receiving €12 billion
The Corner State-owned and state-backed companies have become the largest beneficiaries of Next Generation EU funds at the close of the Recovery Plan, receiving a total of €12 billion. Many of them, moreover, compete directly with private companies. This figure represents more than 15% of the €80 billion allocated to direct non-repayable grants under the plan, and nearly 40% of the €32 billion…
We haven't written up this one. The Corner has the full story — the link below goes straight to it.
