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France's National Recovery and Resilience Plan (NRRP) is a subpart of 'France Relance', a larger recovery strategy France adopted in 2020 at national level, worth €100 billion in total (4.1 % of France's gross domestic product (GDP) in 2019). The NRRP had an initial value of €40.9 billion (total costs), while the plan as amended in 2023 is worth €41.9 billion. Under the Recovery and Resilience Facility (RRF), at the core of the Next Generation EU (NGEU) instrument, France's RRF grant allocation decreased ...

The EU's Recovery and Resilience Facility (RRF) is the core component of Next Generation EU, a temporary recovery instrument that allows the European Commission to raise funds to help the economic and social recovery after the COVID-19 pandemic. By promoting the sustainable and inclusive recovery that ensures the green and digital transitions make progress, the RRF is consistent with the Commission's priorities. Belgium's initial maximum contribution to finance its national recovery and resilience ...

In absolute figures, Cyprus's amended national recovery and resilience plan (NRRP) has increased by €20 million to a total of €1.22 billion. Cyprus decided to use its allocation under the Recovery and Resilience Facility (RRF) predominantly in grants (€1 005 million), with €200.3 million in loans. In September 2023, Cyprus submitted a request to amend its NRRP, to which it added a new REPowerEU chapter, with an additional REPowerEU grant allocation of €52.5 million. It also requested to transfer ...

Under the Recovery and Resilience Facility (RRF), Lithuania's national recovery and resilience plan (NRRP) had an initial value of €2 224 million. In June 2022, Lithuania's grant allocation was revised downwards to €2 100 million (- 5.6 %). In October 2023, however, Lithuania submitted a request to amend its NRRP, which includes an additional grant allocation of €193.7 million for a new REPowerEU chapter and a loan request worth €1 551.7 million. Lithuania also requested to transfer a portion of ...

Under the Recovery and Resilience Facility (RRF), the EU response to the crisis triggered by the pandemic, Bulgaria was initially allocated €6 267.3 million in grants. In line with the RRF Regulation, on 30 June 2022, the European Commission recalculated the maximum grant amounts for all Member States; this resulted in a just over 9 % cut for Bulgaria, lowering the total to €5 688.8 million. To take this into account, as well as factor in the impact of inflation, Bulgaria submitted a modified national ...

Under the Recovery and Resilience Facility (RRF), Latvia's national recovery and resilience plan (NRRP) had an initial value of €1 826 million. In June 2022, Latvia's grant allocation was revised slightly upwards to €1 835 million. In September 2023, Latvia submitted a request to amend its NRRP, to which it added a REPowerEU chapter endowed with an additional grant allocation of €124 million. It also requested to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€11 million ...

Romania's national recovery and resilience plan (NRRP) represents an ambitious agenda of reforms and investment aimed at mitigating the socio-economic effects of the COVID-19, energy and cost-of-living crises. The amended plan – approved by the Council on 8 December 2023 – amounts to €28.5 billion or 12.8 % of the country's 2019 gross domestic product (GDP). This includes the Recovery and Resilience Facility (RRF) grants of €12.1 billion (cut by 14.9 % following the June 2022 revision of the allocation ...

On 11 July 2023, the Council approved Slovakia's amended national recovery and resilience plan (NRRP, Plán obnovy) and allocated €6 408.5 million in grants for its implementation (Slovakia did not request loans). The allocation is €79.4 million higher than that initially approved (6 July 2021). The difference results from a 2022 update of the maximum financial contribution from the Recovery and Resilience Facility (RRF), which reflects changes in real gross domestic product (GDP) over time, and the ...

EU anti-coercion instrument

Briefing 14-03-2024

It is widely held that geopolitical tensions in the world are on the rise. One of the clear indicators of this phenomenon is the increasing use of economic tools for the pursuit of strategic and geopolitical goals. This can take the form of coercion used by one country against another through restrictions on trade or investment in order to interfere with their sovereign choices. In response to the EU and its Member States becoming the target of deliberate economic coercion in recent years, on 8 December ...

Covering some 52 000 large agro-industrial installations EU-wide, the Industrial Emissions Directive is the main EU instrument regulating industrial pollutant emissions. The proposal for a revision, tabled in April 2022, seeks to bring it into line with the EU's zero pollution ambition, energy, climate and circular economy policy goals under the European Green Deal. The main changes include expanding its scope, strengthening permit requirements, and adding measures to foster innovation. Stakeholders ...