# EU’s Covid recovery fund was ‘absolutely a success,’ says auditor Pierre Moscovici

https://mins.news/en/item/93485

- France 24, 2026-10-09 15:51 UTC
- Economy
- Original: https://www.france24.com/en/tv-shows/talking-europe/20261009-eu-s-covid-recovery-fund-was-absolutely-a-success-european-court-of-auditors-pierre-moscovici

> European countries showed solidarity during the Covid crisis by jointly procuring vaccines and agreeing on a large post-pandemic recovery fund. Since 2021, the Recovery and Resilience Facility has paid out €450 billion in grants and loans to EU member states. As it enters its crucial final phase, French European Court of Auditors member Pierre Moscovici assesses its progress.

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- [EU Covid recovery fund was ‘absolutely a success,’ says auditor Pierre Moscovici](https://mins.news/en/video/93489) — France 24 English, 2026-10-09