As the Recovery and Resilience Facility (RRF) approaches its 2026 deadline, it continues to drive positive reforms and investments across the EU. As a cornerstone of NextGenerationEU, the RRF has already disbursed €367 billion across Member States, contributing to key objectives such as economic and social resilience, and the green and digital transitions. Today, the Commission presents its fourth […]
Spain receives €23.1 billion under NextGenerationEU
The European Commission has disbursed a total of €42.8 billion to five Member States (Italy, Portugal, Cyprus, Malta and Spain) under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. The disbursements are part of the Commission’s efforts to support economic growth and resilience in EU Member States, and are based on successful steps […]
The Recovery and Resilience Facility continues to deliver, Commission third annual report shows
The implementation of the Recovery and Resilience Facility (RRF), at the heart of the EU’s recovery instrument NextGenerationEU, is speeding up, fostering continuous reform and investment progress in Member States. As shown in the Commission’s third Annual Report on the RRF adopted today, the Commission is supporting Member States in the full and timely delivery of their plans […]
European Commission approves preliminary assessment of Spain’s fourth payment request under the Recovery and Resilience Mechanism
The Commission has endorsed a positive preliminary assessment of 60 out of the 61 milestones and targets linked to Spain’s fourth payment request for €10 billion (net of pre-financing) under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. Positive preliminary assessment of all but one target The payment request covers important steps in the delivery of 34 reforms and 26 […]
Halfway through its lifetime, the Recovery and Resilience Facility continues to deliver across the EU through ambitious reforms and investments
The Commission presented the mid-term evaluation of the Recovery and Resilience Facility (RRF), the EU’s recovery instrument at the heart of the €800 billion NextGenerationEU (NGEU) plan. Unprecedented in its scale and ambition, the RRF was established in February 2021 and has the two-fold objective of helping Member States to recover from the COVID-19 pandemic, as well […]
Covid-19 recovery: how the main EU instrument will work
The €672.5 billion Recovery and Resilience Facility is the key tool in the EU’s Covid-19 recovery plan to support reforms in response to the crisis. During the February plenary session, MEPs will vote on the rules establishing the Recovery and Resilience Facility, the flagship EU programme in the €750 billion Covid-19 recovery plan. Parliament and Council […]
Council agrees its position on the Recovery and Resilience Facility
Following the political agreement reached by the ministers for economy and finance on 6 October 2020, member states’ EU ambassadors formally agreed the Council’s position on the Recovery and Resilience Facility. The facility is the centrepiece of the Next Generation EU recovery instrument designed to respond to the COVID-19 crisis and the challenges posed by […]