European bazooka loses over 10% of firepower (eco.sapo.pt)

• Seven EU countries voluntarily reduce their PRR loans.
• Total reduction: €74 billion, 11.3% of the facility.
• Impacts the overall Recovery and Resilience Mechanism.

"Seven EU countries have opted to give up part of their loans from the Recovery and Resilience Plan, totaling €74 billion, a reduction of 11.3% of the total facility of €735 billion."