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Malta's National Recovery and Resilience Plan (NRRP) had an initial value of 鈧�344.9 million, while its amended plan is worth 鈧�336.3 million. Under the EU's Recovery and Resilience Facility (RRF), at the core of the Next Generation EU (NGEU) instrument, Malta's RRF grant allocation decreased from 鈧�316.4 million to 鈧�258.3 million. In April 2023, Malta submitted a request to amend its NRRP, to which it added a new REPowerEU chapter with an additional grant allocation of 鈧�30 million. It also requested ...

Romania's national recovery and resilience plan (NRRP) represents an ambitious agenda of reforms and investment aimed at mitigating the socioeconomic effects of the COVID-19, energy and cost-of-living crises. The amended plan 鈥� approved by the Council on 8 December 2023 鈥� amounts to 鈧�28.5 billion, or 12.8 % of the country's 2019 gross domestic product (GDP). This includes the Recovery and Resilience Facility (RRF) grants of 鈧�12.1 billion (cut by 14.9 % following the June 2022 revision of the allocation ...

Greece was among the first four EU Member States to submit its national recovery and resilience plan (NRRP) in April 2021. Since then, Greece has modified its plan in December 2023, adding a REPowerEU chapter and expanding its loan programme, and in July and December 2024, introducing smaller targeted revisions. The Greek plan now envisages investment and reforms worth 鈧�35.9 billion, to be implemented up to 2026; 鈧�18.2 billion will be financed from non-repayable financial support (grants), while ...

Under the Recovery and Resilience Facility (RRF), Hungary was allocated 鈧�5.8 billion in the form of grants. This amount reflects the European Commission's revision applied in June 2022 to all EU Member States, as the initial Hungarian national recovery and resilience plan (NRRP) was only approved past that date, at the end of 2022. In August 2023, the country submitted a modified NRRP in order to make changes to several measures due to objective circumstances, and to include a new REPowerEU chapter ...

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 鈧�3 289 million to 鈧�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 鈧�3 181 million. Adding to this its REPowerEU grant allocation of 鈧�198 million and the requested transfer of 鈧�66 million of its share of the Brexit Adjustment ...

Latvia is set to receive non-repayable financial support (grants) worth 鈧�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 鈧�1 826 million. In June 2022, Latvia's grant allocation was increased by 鈧�9 million. In September 2023, Latvia ...

Europe must swiftly address huge challenges, in the face of a rapidly shifting geopolitical landscape and major fiscal policy changes. With an increasingly protectionist United States (US) on one side and China becoming an ever-more direct competitor across industries on the other, Europe's economic future is fraught with uncertainty. In these testing times, the Next Generation EU (NGEU) recovery instrument, which has contributed to the EU economy's swift rebound from the COVID-19 crisis, is expected ...

Germany was originally entitled to a maximum financial contribution of 鈧�25.6 billion in grants from the Recovery and Resilience Facility (RRF), the unprecedented EU response to the crisis triggered by the coronavirus pandemic. The national recovery and resilience plan (NRRP) for Germany does not include requests for loans. Following the latest amendment of the German NRRP in July 2024, which added a REPowerEU chapter, the EU resources devoted to the plan reached 鈧�30.3 billion. This amount corresponds ...

Under the Recovery and Resilience Facility (RRF), Czechia's national recovery and resilience plan (NRRP) had an initial value of 鈧�7 036 million in grants only. In June 2022, its initial RRF grant allocation was revised upwards to 鈧�7 673.7 million (+ 9.1 %). In June 2023, Czechia submitted a request to modify its NRRP. The amended plan totals 鈧�9 231.3 million and now includes a REPowerEU chapter with an additional grant allocation of 鈧�680.5 million. Czechia also requested to transfer its remaining ...

Andrzej Doma艅ski, Minister of Finance of Poland, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Polish Presidency January - June 2025). In accordance with the Treaty of the Union, 鈥淢ember States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council鈥�.