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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. Spain's national allocation for grants under the Recovery and Resilience Facility (RRF) amounts to €69.5 billion and it represents 9.6 % of the entire RRF or 5.6 % of the country's gross domestic product (GDP) in 2019 (the RRF ...

Recovery and Resilience Plans - public documents

Padziļināta analīze 09-09-2022

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

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 ...

The Schengen area without internal borders has been under stress over the past decade owing to several successive crises, including the sudden arrival of large numbers of people across the EU's external borders, persistent threats to internal security, and the outbreak of the coronavirus pandemic. Although according to the Schengen rules the reintroduction of border controls at internal borders should be a temporary and exceptional measure, several Member States have maintained internal border controls ...

Culture and regional development

Briefing 13-07-2022

Culture plays a fundamental role in human life. It is also an essential source of identity, at local, regional, national and European levels, while making a significant contribution to the EU economy. EU cultural policy relates to cultural heritage, i.e. cultural sites and museums, but also to the cultural and creative sector, for instance the audiovisual and design sectors. The EU supports culture through a variety of initiatives, including the European Capitals of Culture scheme. A number of EU ...

From 12 to 17 June 2022, the World Trade Organization (WTO) held an extended 12th ministerial conference (MC12), after it had been postponed twice owing to the pandemic. Although the outcome of the MC12 was the result of hard-won compromises, it covers a wide range of key agenda items and may be said to provide new momentum for the WTO, which critics have often portrayed as moribund. The WTO has proved its centrality for crafting multilateral solutions for global challenges, notably against the backdrop ...

Croatia's National Recovery and Resilience Plan (NRRP) is an ambitious outline of reforms and investment designed to mitigate the pandemic's socio-economic fallout. Compared with the size of its economy, Croatia is the largest recipient of Recovery and Resilience Facility (RRF) funds, with a total financial allocation of €6 295 million, or 11.6 % of the country's gross domestic product (GDP). The allocation corresponds to 0.9 % of the total RRF volume, and is entirely grant-based. The use of the ...

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 ...

The purpose of this briefing is to provide support to the European Parliament delegation prior to the 10th session of the United Nations High-level Political Forum on Sustainable Development (HLPF) between 5 – 15 July at the United Nations (UN) Headquarters, New York, under the auspices of the Economic and Social Council. It provides an overview of key issues at stake in the meeting and progress made on the implementation of the SDGs by the EU, with a particular focus on the SDGs to be reviewed in ...

This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 30 June 2022. The briefing addresses: 1) latest developments regarding completion of the Banking Union, 2) excessive leverage, 3) the ECB’s Annual Report on supervisory activities 2021, 4) conduct risk, 5) a snapshot of the euro area banking sector one quarter after the start of the war in Ukraine, 6) statistics on loans subject ...