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

Briefing 10-03-2022

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 will be supported by €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. Following the Council's approval of its RRP in July 2021, France received €5.1 billion in pre-financing in August 2021 (13 % of France's financial allocation). The next payments, in five yearly instalments, will depend on progress in implementing the plan. The European Parliament, which was a major advocate for the creation of a common EU recovery instrument, participates in interinstitutional fora 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. Second edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.