Brussels closes the door to extend the deadline to execute the Next Generation funds. The European Commission believes that the idea was a success, that the result so far is more than good.
But it also assumes that a good part of the money will not be able to be spent on time. The impact is less than expected and the perception is even less than reality, says Pablo R. Suanzes, Brussels Correspondent for the EUobserver. The Commission has disbursed 225,000 million euros since the beginning of the program.