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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 ...

Recovery and Resilience Plans - public documents

Λεπτομερής ανάλυση 04-07-2022

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

EU support for the implementation of Slovenia's National Recovery and Resilience Plan (NRRP) amounts to €2 482.3 million, and includes €1 776.9 million in grants and €705.4 million in loans. This amount should be committed by the end of 2023, and paid out to Slovenia by the end of 2026. While the overall allocation represents only 0.3 % of the total Recovery and Resilience Facility (RRF), it stood at 5.1 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in ...

At its June II plenary session, the Parliament is set to discuss the joint own-initiative report of the Committees on Budgets and on Economic and Monetary Affairs on implementation of the Recovery and Resilience Facility (RRF). The report's objective is to provide the European Parliament's input to the review report on RRF implementation which the European Commission is due to present by 31 July 2022. The joint report highlights the RRF's key role in the EU's economic recovery, and in making the ...

A workshop was organised for the Budgets committee (BUDG) on "The EU borrowing strategy for NGEU: design, challenges and opportunities" on 27 October 2021. This document consists of an In-depth analysis by Bruegel entitled "Next Generation EU borrowing: a first assessment", a policy paper by Sebastian Mack entitled "Don't change horses in midstream: how to make NGEU bonds the euro area's safe asset", biographies of the speakers and the Power Point slides of the Bruegel presentation.

World Refugee Day: EU solidarity with Ukraine

Εν συντομία 13-06-2022

In December 2000, in a resolution to mark the 50th anniversary of the 1951 Geneva Convention Relating to the Status of Refugees, the UN General Assembly designated 20 June as World Refugee Day. According to the UN, at the end of 2020 there were 82.4 million forcibly displaced people in the world; nearly 26.4 million of them were refugees and around half of those were under 18 years old. In 2022, following Russia's war on Ukraine, Europe is facing a large new wave of refugees in search of peace and ...

On 30 April 2021, Austria submitted its National Recovery and Resilience Plan (NRRP) to the European Commission, in accordance with Article 18(1) of Regulation (EU) 2021/241 on the Recovery and Resilience Facility, RRF ('RRF Regulation'). The estimated total cost of the NRRP is €4 499 million. The maximum amount of grants available for Austria is €3 461 million, which corresponds to 0.9 % of Austria's gross domestic product (GDP). To implement the plan, Austria is therefore leveraging further amounts ...

As the only parliament in the world to award a film prize, the European Parliament has been shining a spotlight on European cinema every year since 2007. Over the past 15 years, the LUX Prize and its successor, the LUX Audience Award, have helped promote over 100 films, supporting the dissemination of European (co )productions in a bid to overcome the language and distribution barriers faced by the European film industry. Prize-winners have gone on to be highly successful in the EU and beyond, making ...

World Bicycle Day

Εν συντομία 01-06-2022

In 2018, the United Nations declared 3 June World Bicycle Day. Cycling represents a growing share of mobility. It is a healthy, green and flexible means of transport that helps achieve savings and generate jobs. However, a lot remains to be done when it comes to safety and suitable cycling infrastructure across the EU. Although the regulatory framework on cycling is determined at Member State level, with concrete action shaped locally, the EU provides best practice advice and financial support for ...

1962-2022: The EU common agricultural policy at 60

Εν συντομία 10-05-2022

This year marks both the 60th anniversary of the EU's common agricultural policy (CAP) and a crucial turning point in its way of functioning, with a new delivery model in place that will kick in from 2023. The timeline below highlights major legislative and policy developments that have shaped the CAP over the past six decades.