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This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent committee(s) of the European Parliament since September 2019 under the European Semester for economic policy coordination. It also lists the Recovery and Resilience Dialogues with the European Commission as undertaken by the competent committee(s) since the entry of force of the Recovery and Resilience Facility in 2021. It also includes an overview of the ...

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. 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 EU-27 GDP in 2019 ...

This note looks at the 2022 recommendation on the economic policies of the euro area proposed by the Commission and agreed by the Council. It also provides an overview of the follow up of the 2021 recommendations, making use of public information and based on proxies such as on how the Eurogroup has integrated euro area recommendations’ concerns in their “thematic discussions” and work programmes. In addition, the note provides a review of the euro area recommendations from an institutional perspective ...

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. For the time being, Spain has decided to use its national allocation for grants under the Recovery and Resilience Facility (RRF). The proposed and approved amount (€69.5 billion) represents 9.6 % of the entire RRF, equal to 5.6 ...

Ireland's National Recovery and Resilience Plan (NRRP) is relatively small compared to the plans of most Member States. In absolute terms and per capita, Ireland has the second smallest allocation (after Luxembourg) under the Recovery and Resilience Facility (RRF)  €989 million entirely in grants. So far, it has not requested any loans (the maximum available loan amount is estimated at €18.7 billion). Most of the funds (€914.4 million) are expected to be legally committed by December 2022. A further ...

Germany is set to receive €25.6 billion in non-repayable support from the Recovery and Resilience Facility (RRF), the unprecedented EU response to the crisis triggered by the coronavirus pandemic. This amount corresponds to 3.7 % of the entire RRF and to 0.7 % of Germany's 2019 gross domestic product (GDP). The National Recovery and Resilience Plan (NRRP) for Germany amounts to €27.9 billion (0.81 % of 2019 GDP) and does not include requests for loans. Excluding value-added tax, this corresponds ...

This document presents: • The 2019 Country-Specific Recommendations (CSRs) adopted by the Council, in the framework of the European Semester, on 9 July 2019 (on the basis of European Commission proposals of 5 June 2019). • The European Commission’s assessments of the implementation of the 2019 CSRs based on its Country Reports published on 26 February 2020. • The 2020 CSRs adopted by the Council, in the framework of the European Semester, on 20 July 2020 (on the basis of European Commission proposals ...

This sixth edition of the background reader on the European Semester, prepared by the Economic Governance Support Unit (EGOV) in the Directorate for Economic and Scientific Policies of the European Parliament, provides an overview of publications related to the European Semester and the monitoring of the RRF from a parliamentary perspective. It aims at further increasing the links between Members of the European Parliament and national Parliaments, notably during inter-parliamentary meetings.

This note provides a brief overview of Parliament involvement in scrutinising the Recovery and Resilience Facility (and the European Union Recovery Instrument). It is based on Regulation 2021/241 of 21 February, setting out the Recovery and Resilience Facility, and the relevant parts of the new Interinstitutional Agreement on budgetary matters established between the Parliament, the Council and the Commission. It does not cover nor discusses in detail other instruments or frameworks for scrutiny, ...

Minister Andrej Šircelj, Minister of Finance of Slovenia, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Slovenian Presidency (July-December 2021). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the Slovenian Presidency priorities in ECON matters, including the Council’s work relating ...