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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.

The purpose of this briefing is to provide support to the European Parliament delegation prior to the 10th session of the United Nations High-level Political Forum on Sustainable Development (HLPF) between 5 – 15 July at the United Nations (UN) Headquarters, New York, under the auspices of the Economic and Social Council. It provides an overview of key issues at stake in the meeting and progress made on the implementation of the SDGs by the EU, with a particular focus on the SDGs to be reviewed in ...

This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 30 June 2022. The briefing addresses: 1) latest developments regarding completion of the Banking Union, 2) excessive leverage, 3) the ECB’s Annual Report on supervisory activities 2021, 4) conduct risk, 5) a snapshot of the euro area banking sector one quarter after the start of the war in Ukraine, 6) statistics on loans subject ...

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 ...

On 2 August 2021, the International Monetary Fund (IMF) announced that an exceptionally large allocation of special drawing rights (SDRs), worth US$650 billion (€550 billion), had been approved with effect from 23 August 2021. The SDR allocation, the largest in the IMF's history, would serve to 'boost global liquidity' and help all members 'address the long-term global need for reserves'. The initiative complies with the IMF's mission of monitoring and promoting stability on the international monetary ...

This study explores social challenges and policy responses in EU cities in the context of the COVID-19 pandemic. It demonstrates that the pandemic has placed additional pressures on vulnerable groups and the institutions that work to support them. It finds that the local policy capacity to respond to the crisis has differed across cities and multi-level governance settings. Participatory and integrated policy efforts have often failed to meet the expectations of urban citizens and stakeholders. To ...

In order to provide the Members of the Budgetary Control Committee with reliable information and data on the COVID-19 response of the EU public administration, the study analyses the EU institutions’ response, their business continuity measures and their impact on the budget from 2020 onwards and staff of the respective institution. Furthermore, the study provides an overview of practices and challenges around the new working modalities EU institutions are adopting for the post-pandemic future, as ...

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 ...