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

Briefing 28-06-2022

With a total volume of €3 289 million, Sweden's National Recovery and Resilience Plan (NRRP) is of comparatively limited scope, and exclusively in the form of grants, as Sweden did not apply for loans. This amount represents 0.5 % of the entire Recovery and Resilience Facility (RRF), equal to 0.7 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). 'Sweden's recovery plan' – the Swedish NRRP – is financed by the Next Generation EU (NGEU) recovery instrument. Sweden will receive payments in five instalments, which will depend on progress in implementing the plan. The total amount of grants under the RRF is subject to revision in June 2022, which might affect the final amount allocated to Sweden. Sweden indicated in its NRRP that it would not request a 13 % pre-financing, which would not have been granted as a result of the adoption of the Council implementing decision after 31 December 2021. The plan is estimated by the Commission to contribute to climate–relevant objectives at 44.4 %, and complies with the minimum climate target of 37 % set in the RRF Regulation. At 20.5 %, it also exceeds the threshold of at least 20 % of NRRP allocation for digital expenditure. At the time of publication, the operational arrangement for monitoring had not been signed, and the disbursement of grants had not yet started. The European Parliament has been a major supporter of establishing a common EU recovery instrument, and takes part in interinstitutional settings to cooperate, discuss and scrutinise implementation of the European Commission's work. This briefing is one in a series covering all EU Member States.