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

Briefing 01-02-2024

Under the Recovery and Resilience Facility (RRF), Czechia's National Recovery and Resilience Plan (NRRP) had an initial value of €7 036 million in grants only. In June 2022, Czechia's initial RRF grant allocation was revised upwards to €7 673.7 million (+ 9.1 %). In June 2023, Czechia submitted a request to modify its NRRP. The amended plan amounts to a total of €9 231.3 million. It now includes a new REPowerEU chapter with an additional grant allocation of €680.5 million. Czechia also requested to transfer its remaining share of the Brexit Adjustment Reserve to its plan (€54.9 million). The total grant contribution to the amended plan amounts to €8 409.2 million. In addition, Czechia has requested a €818.1 million loan support, to further stimulate private investment in the green and digital transition. The EU contribution, grants and loans combined, totals €9 227.3 million, i.e. 4.1 % of the country's 2019 gross domestic product (GDP). Czechia's NRRP is a programme of reforms and investment to help the recovery of the Czech economy, while advancing the green and digital transition and addressing several structural weaknesses. Measures under the plan are to be completed by 2026. The European Commission has assessed the implementation of the plan as under way, albeit with risk of some delays. So far, Czechia has received €1 990 million (21.6 % of the modified plan), of which €915 million in pre-financing, €147 million in REPowerEU pre-financing and €928 million for the first grant payment. In December 2023, Czechia requested the second and third payments, amounting to €702 million (net of pre-financing). 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.