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To benefit from the Recovery and Resilience Facility (RRF), the unprecedented EU response to the crisis triggered by the pandemic, Czechia has decided to use the grant component of its national allocation without requesting loans. The targeted resources total €7 036 million and represent 1 % of the entire RRF. They amount to 3.1 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). In June 2022, the maximum grant allocation available for Czechia was revised ...

Luxembourg's National Recovery and Resilience Plan (NRRP) was initially to be financed by the Recovery and Resilience Facility (RRF) with a total of €93.4 million in grants. This allocation accounted for around 51 % of the total estimated value of the Luxembourgish NRRP (€183.1 million). Further 46 % of the costs are to be covered by the national budget, and 3 % from other EU co-financing. Under the RRF Regulation, Member States can request RRF loans until 31 August 2023; Luxembourg has not yet done ...

Democratic control and legitimacy in the evolving EU economic governance frameworkThe European Semester (ES) is a centrepiece of the EU’s evolving economic governance architecture and its democratic legitimacy and accountability has been contested in pre- and post-pandemic times. This paper introduces two perspectives – a democratic and a technocratic perspective – to evaluate the accountability of the ES, based on a survey of existing literature. Whereas there is broad agreement that the ES has ...

Romania's National Recovery and Resilience Plan (NRRP) embodies an ambitious agenda of reforms and investment aimed at mitigating the socio-economic effects of the COVID-19 crisis. The total cost of the plan amounts to €29.2 billion, or 13.1 % of the country's 2019 gross domestic product (GDP). This allocation, corresponding to 4 % of the total volume of the Recovery and Resilience Facility (RRF), includes the entire initial grant allocation (€14.2 billion) and a considerable part (€14.9 billion) ...

Vaikka Euroopan yhdentyminen on keskeinen kasvun, rauhan, ympäristönsuojelun ja sosiaalisen vaurauden edistäjä, jäljellä on edelleen haasteita ja mahdollisia kriisejä voidaan pitää todennäköisinä. Tulevaisuudessa Eurooppa voi valita useista eri etenemisvaihtoehdoista. Euroopan parlamentti kannattaa sellaisten kunnianhimoisten yhteisten EU:n toimien toteuttamista, joilla on mahdollista saavuttaa merkittäviä hyötyjä, ei ainoastaan tällä hetkellä, vaan myös erilaisissa mahdollisissa tulevaisuuden skenaarioissa ...

During its February II plenary session, the European Parliament is due to examine the provisional agreement reached with the Council on an amendment to the Recovery and Resilience Facility (RRF) Regulation. If approved, the RRF will become the main funding tool of the European Commission's REPowerEU plan, enabling Member States to finance additional investment and reform measures in energy under their recovery and resilience plans.

This paper provides an overview of stakeholders’ activities at EU, national, regional and local level, in relation to national Recovery and Resilience Plans (RRPs). It presents a set of latest opinions and assessments by EU stakeholders and other relevant institutions and bodies on the implementation of these plans.

This briefing provides a summarised comparative analysis of eight papers prepared by external experts at the request of the ECON Committee on the implementation of the six policy pillars of the Recovery and Resilience Facility. It further contains a summary of each of the eight papers provided. Both the comparative analysis and the summaries are prepared under EGOV responsibility; assessing and evaluating the integral views of the authors require a read-through of the full papers.

Malta's National Recovery and Resilience Plan (NRRP) has a total value of €344.9 million. However, under the EU's Recovery and Resilience Facility (RRF), which is at the core of the EU's Next Generation EU instrument, Malta is expected to receive around €316.4 million, slightly below the value of the plan, and entirely in grants. On 30 June 2022, the European Commission recalculated the maximum grant amounts for all Member States; this resulted in a cut for Malta and a new total of €258.3 million ...

This briefing presents, in tabular form, information available on submitted payment requests under the Recovery and Resilience Facility (RRF), and of Commission disbursements following approval of such requests. It will be regularly updated.