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In absolute figures, Italy’s Recovery and Resilience Plan is the largest national plan under the unprecedented EU response to the crisis triggered by the coronavirus pandemic. Italy has decided to use its entire national allocation under the Recovery and Resilience Facility (RRF), including its loan component. Totalling €191.5 billion, these resources represent 26.5 % of the entire RRF, equal to 10.7 % of the country’s gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019 ...

Spain’s National Recovery and Resilience Plan (NRRP) is one of the biggest financed by the Next Generation EU (NGEU) recovery instrument. It contains the largest amount, in terms of grants, under the unprecedented EU response to the crisis caused by the coronavirus pandemic. For the time being, Spain has decided to use its national allocation for grants under the Recovery and Resilience Facility (RRF). The proposed and approved amount (€69.5 billion) represents 9.6 % of the entire RRF, equal to 5.6 ...

Ireland's National Recovery and Resilience Plan (NRRP) is relatively small compared to the plans of most Member States. In absolute terms and per capita, Ireland has the second smallest allocation (after Luxembourg) under the Recovery and Resilience Facility (RRF)  €989 million entirely in grants. So far, it has not requested any loans (the maximum available loan amount is estimated at €18.7 billion). Most of the funds (€914.4 million) are expected to be legally committed by December 2022. A further ...

Germany is set to receive €25.6 billion in non-repayable support from the Recovery and Resilience Facility (RRF), the unprecedented EU response to the crisis triggered by the coronavirus pandemic. This amount corresponds to 3.7 % of the entire RRF and to 0.7 % of Germany's 2019 gross domestic product (GDP). The National Recovery and Resilience Plan (NRRP) for Germany amounts to €27.9 billion (0.81 % of 2019 GDP) and does not include requests for loans. Excluding value-added tax, this corresponds ...

This note presents the EU Member States' situation with respect to the Macroeconomic Imbalance Procedure, taking into account recent assessments and decisions by the European Commission and the Council. It also gives an overview of relevant comments on the MIP published by EU institutions. A separate EGOV note describes the MIP procedure. This document is regularly updated.

Recovery and Resilience Plans - An overview

Detaljna analiza 15-06-2021

This document provides an overview of the adoption of the Recovery and Resilience Plans (RRPs) under the Recovery and Resilience Facility (RRF) and some relevant developments. The document will be regularly updated.

Technical Support Instrument: main features

Detaljna analiza 14-06-2021

In order to help national authorities in improving their capacity to design, develop and implement reforms, including those covered by recovery and resilience plans pursuant to Regulation (EU) 2021/241), the European Parliament and the Council adopted on 10 February 2021 the Regulation (EU) 2021/240 establishing a Technical Support Instrument. The Instrument may finance a broad range of technical assistance actions refering to policy areas related to cohesion, competitiveness and others, with specific ...

Ahead of BUDG-ECON exchange of views with Commissioner Ferreira, on 14 June, this note provides a brief overview on the 2021 annual workplan, ongoing and finalised projects and some other elements of the Technical Support Instrument.

This note presents the main features of the Recovery and Resilience Facility relevant for scrutiny by the European Parliament, namely its financing; the Recovery and Resilience Plans and the framework for their assessment; and EU level governance of the RRF, in terms of both its implementation and monitoring and oversight . It also highlights the changes the Facility is bringing to the European Semester.

Vice-President Dombrovskis and Commissioner Gentiloni have been invited to the first Recovery and Resilience Dialogue under the Recovery and Resilience Facility Regulation. This briefing addresses the following subjects: the Recovery and Resilience Facility and its scrutiny; the framework for defining and assessing Recovery and Resilience Plans and the procedures and timelines for their adoption; the financing of the Facility; data on the current economic situation and some estimates on the impact ...