Wednesday, October 21, 2026

EU approves final €6 billion COVID -19 recovery payment to Germany

The final payment brings Germany’s total funding under the programme to 30.3 billion euros.

• October 21, 2026
European Union
European Union

The European Commission, on Wednesday, approved the final payment of six billion euros (6.7 billion dollars) to Germany from the European Union’s COVID-19 recovery fund.

The EU established the 573-billion-euro Recovery and Resilience Facility (RRF) in 2021 to help member states recover economically from the pandemic.

Until the end of September, member countries could request disbursements from the fund in return for reforms aimed at making Europe’s economy more resilient.

The final payment brings Germany’s total funding under the programme to 30.3 billion euros.

Germany implemented “reforms and investments in the areas of the clean transition of transport and energy infrastructure, energy efficiency of housing, as well as the digitalisation of healthcare and public administration,” the commission said.

The measures included the energy-efficient renovation of over 36,000 buildings, the purchase of electric buses and charging stations, and support for digital processes and infrastructure in more than 1,600 hospitals.

 (dpa/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Kaduna deputy governor Hadiza Balarabe

States

2027 Campaign Flag-Off: Kaduna ready to host Tinubu, says deputy governor 

Ms Balarabe said that people will be screened before gaining access into the stadium.

Goodluck Jonathan

Heading 3

Jonathan urges FG to prioritise industrialisation, technical skills development

He urged the federal government to transform Nigeria into a major production hub.

European Union

World

EU approves final €6 billion COVID -19 recovery payment to Germany

The final payment brings Germany’s total funding under the programme to 30.3 billion euros.

Police officer

States

Borno police nab six over phone theft, N6 million fraudulent withdrawal

The command’s spokesperson said the incident occurred on October 13.