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Sweden's national recovery and resilience plan (NRRP) is financed by the EU Recovery and Resilience Facility (RRF). The NRRP's total volume increased from an initial €3 289 million to €3 502 million in the revised version. The total amount of funds under the RRF was revised in June 2022, which reduced the final amount allocated to Sweden to €3 181 million. Adding to this its REPowerEU grant allocation of €198 million and the requested transfer of €66 million of its share of the Brexit Adjustment ...

In September 2024, a Court of Justice (ECJ) judgment, rendered in appeal, concluded a 10-year State aid procedure on Ireland's past tax rulings relating to Apple. The ECJ judgment did not go as anticipated. In addition, the over €13 billion in aid to be recovered from Apple eclipsed the grounds for the decision, which derive from the specific historical structure of the business and national provisions.

Executive Vice-President Fitto and Commissioner Dombrovskis are invited to the 17th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation, scheduled for 10 February 2025. The previous RRD took place on 16 September 2024.

This study examines the evolution and the current status of the implementation of synergies between Horizon Europe and the Cohesion Policy funds for research and innovation activities. It provides insights into the main barriers and drivers for the uptake of these synergies, along with possible pathways forward to achieve greater innovation outcomes. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Industry ...

This infographic provides insight into the economic performance of China compared with the European Union (EU) and examines the trade dynamics between them. In 2023, while China's GDP growth rate has returned to increase against the previous year, Europe's GDP growth rate continues to decline and stands at 0.6 percent. Both countries' inflation rates are down from the prior year, but Europe's rate remains at 6.3 percent while China's is at 0.2 percent. Over the last decade, trade between the EU and ...

The EU's general budget for 2025 is scheduled for adoption during the European Ϸվ's November III plenary session. Ϸվ is due to vote on the provisional agreement reached with the Council on 16 November 2024 during budgetary conciliation; the Council has to approve the provisional agreement formally before Ϸվ puts it to the vote. The agreed 2025 budget sets commitment appropriations at €199.4 billion and payments at €155.2 billion, including special instruments.

The European Union (EU) is committed to ensuring its budget delivers maximum value for citizens by focusing on results and performance. In 2018, as part of the shift towards performance-based budgeting, the EU revised the rules applicable to the general budget and introduced the possibility of financing that is not linked to cost (FNLC) in addition to the traditional ways of financing based on incurred costs (Article 125 of EU Regulation 2018/1046). Under this method, payments are based on results ...

This document provides an overview of all country-specific recommendations for 2024 as proposed by the Commission on 19 June 2024 and agreed by the Council on 16 July 2024.

Croatia's national recovery and resilience plan (NRRP) is an ambitious outline of reforms and investment designed to mitigate the pandemic's socioeconomic fallout. Following the December 2023 amendment of the Croatian NRRP, to which a REPowerEU chapter was added, the plan's worth reached €10 040.7 million (or 18.5 % of national gross domestic product (GDP) in 2019), an increase of over 59 % compared with the original (2021) version of the plan, which was worth €6 297 million in grants only. The amended ...

In nominal terms, Poland is the third biggest beneficiary of the Recovery and Resilience Facility (RRF), after Italy and Spain. EU support for implementing Poland's amended national recovery and resilience plan (NRRP) – Krajowy Plan Odbudowy – amounts to €59.8 billion, and includes €25.3 billion in grants and €34.5 billion in loans. The amount is €24.5 billion (+69 %) higher than the one initially approved, and takes into account a 2022 update of the maximum financial contribution, additional loans ...