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Croatia's National Recovery and Resilience Plan (NRRP) is an ambitious outline of reforms and investment designed to mitigate the pandemic's socio-economic fallout. Compared with the size of its economy, Croatia is the largest recipient of Recovery and Resilience Facility (RRF) funds, with a total financial allocation of €6 295 million, or 11.6 % of the country's gross domestic product (GDP). The allocation corresponds to 0.9 % of the total RRF volume, and is entirely grant-based. In June 2022, the ...

Spain's National Recovery and Resilience Plan (NRRP) is one of the biggest financed by the Next Generation EU (NGEU) recovery instrument. It contains the largest amount, in terms of grants, under the unprecedented EU response to the crisis caused by the coronavirus pandemic. Spain's national allocation for grants under the Recovery and Resilience Facility (RRF) amounts to €69.5 billion and represents 9.6 % of the entire RRF, or 5.6 % of the country's gross domestic product (GDP) in 2019 (the RRF ...

По линия на Механизма за възстановяване и устойчивост (МВУ) — безпрецедентната реакция на ЕС по отношение на кризата, предизвикана от пандемията от коронавирус — за България първоначално бяха разпределени 6267,3 милиона евро под формата на безвъзмездни средства. В съответствие с член 11, параграф 2 от Регламент (ЕС) 2021/241 (Регламента за МВУ), на 30 юни 2022 г. Европейската комисия преизчисли максималния размер на безвъзмездните средства за всички държави членки; това доведе до намаление с малко ...

In October 2021, the European Commission relaunched, following a pause in 2020 as a result of the COVID-19 pandemic, the review of the EU's economic governance framework. In the context of heightened economic and geopolitical uncertainty, the review has put the spotlight back on the fiscal rules, its relevance and effectiveness. On 9 November 2022, the Commission published a communication on orientations for a reform of the EU economic governance framework, which outlines how key economic and policy ...

In absolute figures, Italy's Recovery and Resilience Plan is the largest national plan under the unprecedented EU response to the crisis triggered by the coronavirus pandemic. Italy has decided to use its entire national allocation under the Recovery and Resilience Facility (RRF), including its loan component (€122.6 billion). Totalling €191.5 billion, these resources represent 26.5 % of the entire RRF, equal to 10.7 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of ...

The adoption of the Recovery and Resilience Plans - public documents

Задълбочен анализ 17-11-2022

This document provides summarised and tabular information on the Recovery and Resilience Plans. It will be regularly updated.

Antimicrobial-resistant infections are predicted to become the second biggest cause of death worldwide by 2050. Despite increasing investment in the development of new antimicrobials, awareness campaigns on antimicrobial misuse and abuse, and monitoring of antimicrobial use and resistance in animals, humans and the environment, antimicrobial resistance continues to grow and the last three decades have not seen even one novel antimicrobial class reach the market. Could the answer lie in a 'Trojan ...

At its November II plenary session, Parliament is expected to vote on the report by the Committee on Budgets (BUDG) on the borrowing strategy to finance Next Generation EU (NGEU). The report assesses the strategy's implementation, explores potential positive impacts and challenges, urges the Commission to report systematically to Parliament, and stresses the need for transparency and for new own resources.

Non-military coercion, which means using economic means to achieve political goals, has become an increasingly serious problem for EU governments and businesses. Experts believe that China, traditionally an opponent of economic sanctions, has been deploying coercive economic practices with growing intensity and scope, particularly since the reappointment of Xi Jinping as the country's president in 2018. Frequently deployed to gain leverage on issues such as territorial and maritime disputes, these ...

The European Parliament's Committees on Budgets (BUDG) and Economic and Monetary Affairs (ECON) support the use of the Recovery and Resilience Facility (RRF) as the main funding tool of the European Commission's REPowerEU plan. During its November I plenary session, Parliament is due to debate and vote on the BUDG and ECON committees' joint report, which includes various changes to the Commission proposal to amend the RRF Regulation. Once endorsed, the report would become Parliament's mandate for ...