Zoeken
Policy Departments’ Monthly Highlights April 2024
Draft amending budget No 1/2024: Amendments required following MFF revision
The revision of the 2021-2027 multiannual financial framework (MFF) necessitates amendments to the EU's 2024 general budget. Draft amending budget No 1/2024 (DAB 1/2024) will raise the 2024 budget by €5.83 billion in commitment appropriations and €4.14 billion in payment appropriations. The MFF headings affected are Heading 5 (Security and defence – €376 million) and Heading 6 (Neighbourhood and the world – €501 million). The new Ukraine Reserve will also be mobilised, with €4.8 billion in commitment ...
Denmark's National Recovery and Resilience Plan: Latest state of play
Denmark's national recovery and resilience plan (NRRP) corresponds to 0.2 % of the entire Recovery and Resilience Facility (RRF), or 0.5 % of Denmark's 2019 gross domestic product (GDP). The financial contribution from the EU totals €1625.9 million. In June 2022, the maximum RRF grant allocation available for Denmark was revised downwards, from €1551.4 million to €1 429 million (- 7.9 %). On 7 November 2023, the Council approved the amended plan, which includes a REPowerEU chapter, adding €196.7 ...
Slovenia's National Recovery and Resilience Plan: Latest state of play
EU support for the implementation of Slovenia's modified national recovery and resilience plan (NRRP) amounts to €2 685.3 million, and includes €1 612.9 million in grants and €1 072.4 million in loans. This amount is by €203.3 million higher than that initially approved and takes into account a June 2022 update of the maximum financial contribution form the Recovery and Resilience Facility (RRF), additional loans requested by Slovenia, and non-repayable allocation for REPowerEU made available in ...
The European Parliament and the CFSP Budget - The case of the Rapid Deployment Capacity
Faced with the need to provide long-term support to Ukraine and upgrade its own defence, the EU is revisiting its financing arrangements for the Common Security and Defence component.
Analysis of the 100 largest recipients of RRF funds per Member State
This briefing provides background information for the Committee on Budgetary Control on the information currently available concerning the 100 largest recipients of funds from the Recovery and Resilience Facility (RRF).
Italy's National Recovery and Resilience Plan: Latest state of play
In absolute figures, Italy's national recovery and resilience plan (NRRP) is the largest national plan under the ground-breaking Next Generation EU (NGEU) instrument. In December 2023, a revision brought about various changes to the plan: it is now endowed with EU resources worth €194.4 billion in grants and loans, representing 26.1 % of the Recovery and Resilience Facility (RRF), or 10.8 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU 27 GDP in 2019). A slight ...
Performance framework for the EU budget - Concepts and practices
Performance-based budgeting has latterly become integral to the governance of EU spending. This study looks at the principles behind this approach and explores how it is being implemented in Cohesion Policy and the Recovery and Resilience Facility. The analysis reveals marked differences between how performance-based budgeting functions in these two frameworks and sheds light on both benefits and drawbacks in their implementation.
France's National Recovery and Resilience Plan: Latest state of play
France's National Recovery and Resilience Plan (NRRP) is a subpart of 'France Relance', a larger recovery strategy France adopted in 2020 at national level, worth €100 billion in total (4.1 % of France's gross domestic product (GDP) in 2019). The NRRP had an initial value of €40.9 billion (total costs), while the plan as amended in 2023 is worth €41.9 billion. Under the Recovery and Resilience Facility (RRF), at the core of the Next Generation EU (NGEU) instrument, France's RRF grant allocation decreased ...
Nationaal plan voor herstel en veerkracht van België: Actuele stand van zaken
De herstel- en veerkrachtfaciliteit (RRF) van de Europese Unie (EU) is het kernonderdeel van Next Generation EU. Dit is het tijdelijk herstelinstrument dat de Commissie in staat stelt financiële middelen aan te trekken om de economische en sociale schade ten gevolge van de coronapandemie te herstellen. De RRF is geheel in overeenstemming met de prioriteiten van de Commissie en bevordert een duurzaam en inclusief herstel dat bijdraagt aan de groene en digitale transitie. België heeft besloten de volledige ...