The negotiations between the European Parliament and the Council Presidency on the European Union recovery instrument have been ongoing since the end of August, in parallel to the negotiations on the proposals for the MFF which were already tabled back in 2018.
The main disadvantage is that the private developer’s capital cost is higher than that of the government. It is important that a government unit be established that will specialize in the management and monitoring of PPP tenders and contracts. It will require specific know-how and expertise in tenders and contracts.