France's National Recovery and Resilience Plan: Latest state of play

Briefing 12-06-2023

France's National Recovery and Resilience Plan (NRRP) is a subpart of 'France Relance', a larger recovery strategy adopted by France at national level, worth €100 billion in total (4.1 % of France's gross domestic product (GDP) in 2019). The implementation of France's NRRP includes EU support worth €39.4 billion in grants under the Recovery and Resilience Facility (RRF). France has decided to use its entire national allocation for grants and not to request loans. The resources allocated to France represent 5.4 % of the entire RRF resources for the EU, and 1.6 % of the country's GDP in 2019 (the RRF representing 5.2 % of EU-27 GDP in 2019). Measures under the plan are to be completed by 2026. So far, following the Council's approval of its RRP in July 2021, France has received €12.5 billion (31.7 % of the resources) in the form of pre-financing (August 2021) and a first instalment (March 2022). The next payments, in four yearly instalments, will depend on progress in implementing the plan. In June 2022, the maximum grant allocation available for France was revised downwards to €37.5 billion (- 4.8 %). On 20 April 2023, France sent to the Commission a request to amend its NRRP, and to add a new dedicated REPowerEU chapter on energy measures for which additional grant resources worth €2.8 billion are available. The European Parliament, which was a major advocate for the creation of a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the work of the European Commission. This briefing is one in a series covering all EU Member States. Third edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.