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

Briefing 14-03-2022

In absolute figures, the Danish National Recovery and Resilience Plan (NRRP) is the sixth smallest national plan (or third smallest as a share of gross domestic product, GDP) under the unprecedented EU response to the crisis triggered by the coronavirus pandemic. To date, Denmark has decided not to request any loan, and its Recovery and Resilience Facility (RRF) allocation therefore consists solely of a non-repayable grant (see figure below). Denmark is set to receive the maximum allocation of €1 551.4 million from the RRF, which corresponds to 0.2 % of the entire RRF and to 0.5 % of Denmark’s 2019 GDP. The country’s NRRP amounts to €1 615 million, which means that Denmark will add €63.6 million in national funding towards the total resources of the plan. According to Article 18 of the RRF Regulation, measures under the NRRPs are to be completed by 2026. Following the Council’s approval of the plan, Denmark received €201 million in pre-financing in September 2021. Subsequent payments, to be distributed over six instalments, will depend on achieving milestones and targets identified in relation to RRF implementation. The Danish plan is centred around reforms and investments early in the period, and the last instalment is planned for June 2026. 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.