Lagarde: Germany Should Deal With EU Aid `In Short Order'

The transcript discusses the slow progress of the recovery fund, which is expected to be deployed in the latter half of 2021. Member States are responsible for ratifying the instrument and ensuring their recovery and resilience plans are documented and approved. There are legal challenges, notably from the German Supreme Court, that need resolution. The speaker expresses hope for a resolution to deliver on agreements made in July, already voted on by many parliaments.

How many Member States are involved in determining the recovery fund's deployment?

What was agreed upon back in July concerning the recovery fund?