Statement by the European Parliament President following the vote on the Recovery and Resilience Facility
“The European Union does not stand still. Today the European Parliament gave the go-ahead to the Recovery and Resilience Facility (RRF) - the regulation setting the objectives, financing and rules for accessing European funds. It is another historic decision that will guide our recovery. This is Europe moving in the right direction, providing solutions that contrast sharply with the past, capable of supporting citizens by giving states the resources needed to plan for their future.
“Now it is up to Member States to start Next Generation EU. We expect national parliaments to speed up the ratification of the increase in the Union’s own resources, which is essential for issuing bonds and financing the recovery. There is no time to waste. Any delay would cause enormous damage to citizens and businesses.”