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Technical Support Instrument: main features

Analisi approfondita 24-11-2022

In order to help national authorities in improving their capacity to design, develop and implement reforms, including those covered by recovery and resilience plans, the European Parliament and the Council adopted on 10 February 2021 a regulation establishing a Technical Support Instrument. The Instrument may finance a broad range of technical assistance actions referring to policy areas related to cohesion, competitiveness and others, with specific emphasis on digital and just green transitions. ...

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.

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 (€122.6 billion). 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 ...

This document provides summarised and tabular information on the Recovery and Resilience Plans. It will be regularly updated.

The European Union (EU) has an energy strategy focused on providing households and businesses with secure, sustainable, competitive and affordable energy. This will require a major transformation of Europe's energy system as well as massive investment. Alongside national funding, various EU instruments contribute to the financing of energy policy, which is central to efforts to decarbonise the European economy under the European Green Deal. The Recovery and Resilience Facility (RRF), the EU's ground-breaking ...

Brazil is the 10th largest economy in the world and the largest in Latin America. Its recent history can be divided into three main periods: one of economic stabilisation, which laid the foundations for economic growth; one of growth and reduction in inequality; and one of crisis, which has highlighted not only the country's strengths and potential but also its vulnerabilities. In 2018, after two years of economic crisis and several public corruption scandals, voters elected far-right Jair Bolsonaro ...

Economic Dialogue with Romania

Analisi approfondita 28-10-2022

ECON on 7 November 2022 This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an economic dialogue and exchange of views with Mr Adrian Câciu, Minister of Finance of Romania, in the ECON committee of the European Parliament. The invitation for an exchange of views is in accordance with the EU economic governance framework.

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.

The Russian invasion has caused huge destruction of life and property in Ukraine. Reconstruction will be a long and costly process, and the EU and others are already marshalling funds for this effort. Some EU leaders have expressed support for using frozen Russian central bank (RCB) funds towards reconstruction, but it is unclear if this will actually happen. There are recent examples of sovereign assets being confiscated and used to compensate victims of injustice, but the confiscation of Russia's ...

The negative impact of the COVID-19 crisis on women's social and economic situation triggered a debate on the urgent need for a gender-sensitive policy response to the pandemic. In this context, the establishment of the Recovery and Resilience Facility (RRF) – the EU's biggest financial instrument supporting recovery in the Member States – is an opportunity to channel extraordinary resources toward measures that take into account the principles of gender equality. It is also a chance to put into ...