Latvia's National Recovery and Resilience Plan: Latest state of play
Latvia is set to receive non-repayable financial support (grants) worth €1 969 million to implement its national recovery and resilience plan (NRRP), including for the REPowerEU chapter. These resources represent 0.3 % of the RRF, equal to 6.4 % of the country's gross domestic product (GDP) in 2019. Under the Recovery and Resilience Facility (RRF), the original plan had an initial value of €1 826 million. In June 2022, Latvia's grant allocation was increased by €9 million. In September 2023, Latvia submitted a request to amend its NRRP, to which it added a REPowerEU chapter endowed with an additional grant allocation of €124 million. It also requested to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€11 million). In December 2023, the Council adopted an amending implementing decision greenlighting the modified plan. In December 2024, Latvia submitted a second modified NRRP, where amendments concerned 28 measures. In February 2025, the Council approved the new revision of Latvia's plan. The current plan contains 25 reforms and 63 investment measures to be completed by 31 August 2026. Latvia has so far received 40.7 % of the resources, or €801 million, in the form of pre-financing, and two payments of grants (see annex to this briefing). A further four payments for grants will depend on progress made in implementing the plan. Latvia's plan is consistent with the challenges and priorities identified in the European Semester, the annual cycle of coordination and monitoring of EU countries' economic policies. ºÏ·¨²©²ÊÍøÕ¾ participates in interinstitutional forums for cooperation and discussion on the implementation of the RRF and continues to scrutinise the European Commission's work. This briefing is one in a series covering all EU Member States. Fourth edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.
Briefing