Many ordinary citizens have been suffering from increased food prices since the war in Ukraine. Yet, investors are cashing in on (impending) shortages of food products and fuels. Courtesy of the politicians who, due to skilful lobbying by these investors, were persuaded to relax the rules for the financial sector during the pandemic.
Jesse Pinster & Lise Witteman
European citizens can rest assured: the hundreds of billions of the European Recovery and Resilience Fund will be well spent. Céline Gauer, who spearheads this groundbreaking project, brushes off criticism about its lack of transparency, fraud risks or the hurdles in the involvement of stakeholders and national parliaments. She is confident about the new step that the EU is taking towards European integration.
European car manufacturers are some of the biggest beneficiaries of the European Recovery and Resilience Fund (RRF). These Brussels billions have been earmarked to accelerate the green transition. Problem is, part of these automotive investments could actually extend fossil fuel use, and with it, the stifling dependence on Russian gas and oil.
Lise Witteman & Peter Teffer
The EU has set up a 723.8 billion euro recovery fund to help member states boost their post-pandemic economy. But there is a lack of democratic oversight on how those European billions will be spent. National parliaments have had limited involvement in the reform plans required to unlock the funds, a pan-European investigation reveals.