Establishing a Recovery and Resilience Facility

04-02-2021

On 28 May 2020, the European Commission proposed a new recovery instrument, Next Generation EU, and a modern long-term EU budget. On 18 December 2020, Parliament and Council agreed on its biggest component, the Recovery and Resilience Facility (RFF). Parliament is expected to vote on the RFF during the February plenary.

On 28 May 2020, the European Commission proposed a new recovery instrument, Next Generation EU, and a modern long-term EU budget. On 18 December 2020, Parliament and Council agreed on its biggest component, the Recovery and Resilience Facility (RFF). Parliament is expected to vote on the RFF during the February plenary.