The European Commission quadruples spending to 198 bil.€ in 2022 – according to public procurement analytics platform Hermix.com.
Most of the money went to resilience and recovery funds, research, and IT. The European Commission budget amounted to 198 bil. € in 2022, disbursed to 26k beneficiaries, in 124k payments and contracts. This is 4 times higher than 2020, when the EC reported a budget of 51…