Documentos - Think Tank - Parlamento Europeu

Briefing - Malta's National Recovery and Resilience Plan: Latest state of play - 25-04-2025

Thu, 24 Apr 2025 22:00:00 GMT

Malta's National Recovery and Resilience Plan (NRRP) had an initial value of €344.9 million, while its amended plan is worth €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 €316.4 million to €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 €30 million. It also requested to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€40 million). With these funds, and cutting some measures, the overall EU financial contribution to the amended plan amounts to €328.2 million in grants, with the rest to be covered by national means. Malta has not requested loans. While in nominal terms, Malta has the second smallest allocation, it ranks higher in terms of RRF grants per capita. The value of Malta's grants under the RRF equals about 2.3 % of its 2019 gross domestic product (GDP), less than the average for the EU overall (the RRF equals 5.2 % of EU-27 GDP in 2019). So far, Malta has received its pre-financing, the REPowerEU pre-financing, and two result-based payments, which has brought the total disbursements to date to €166.3 million, or 50.7 % of its RRF allocation (above the EU average of 47.4 %). A third payment request is currently under assessment. The plan takes into account the Council's 2019 and 2020 country-specific recommendations, and aligns with both national economic and investment plans and funding under EU cohesion policy programmes for the 2021-2027 period. The plan's overall objective is to contribute to sustainable, equitable, green and digital recovery, embracing major common EU challenges. The amended plan has a stronger focus on the green transition, devoting 68.8 % of the funds to it (up from 53.8 % in the original plan), making Malta's NRRP one of the greenest; 26.2 % of the amended plan (excluding the REPowerEU chapter), or 20.6 % (including the chapter), will contribute to the digital target. �Ϸ��վ participates in interinstitutional forums for cooperation and discussion on the implementation of the RRF, and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Fifth edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2025 - PE

Briefing - Romania's National Recovery and Resilience Plan: Latest state of play - 25-04-2025

Thu, 24 Apr 2025 22:00:00 GMT

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 – approved by the Council on 8 December 2023 – amounts to €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 €12.1 billion (cut by 14.9 % following the June 2022 revision of the allocation); REPowerEU grants worth €1.4 billion; the transfer of Romania's share (€43.2 million) from the Brexit Adjustment Reserve to its NRRP; and the RRF loan allocation already fully committed under the initial version of the plan (€14.9 billion). The recovery plan is to be implemented by 2026. The REPowerEU chapter comes with seven investment and two reform measures, which –together with the remaining NRRP measures – devote €12.6 billion (44.1 % of the plan) to the green transition. Digital projects have been endowed with 21.9 % of the NRRP resources (excluding the REPowerEU chapter). Romania has so far received €9.4 billion (33.1 %) of RRF resources, including two payments and the pre-financing; this is below the EU average of 47.4 %. On 16 October 2024, the European Commission issued a partial positive assessment of the third payment request for grants and loans of €2 billion (net of pre-financing); the assessment, proposing a partial payment suspension, is being examined by the Council's Economic and Financial Committee. According to the Commission's evaluation in the 2024 European Semester, execution of the NRRP is facing significant delays. �Ϸ��վ continues to guarantee transparency and provide accountability for EU citizens by engaging in interinstitutional dialogues on the implementation of the RRF and scrutinising the Commission's work. This briefing is one in a series covering all EU Member States. Fifth edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans. The author would like to thank Amalia Fumagalli, trainee in the Next Generation EU Monitoring Service, for her research assistance.

Fonte : © União Europeia, 2025 - PE

Briefing - Latvia's National Recovery and Resilience Plan: Latest state of play - 21-03-2025

Thu, 20 Mar 2025 23:00:00 GMT

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. �Ϸ��վ 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.

Fonte : © União Europeia, 2025 - PE

Briefing - Czechia's National Recovery and Resilience Plan: Latest state of play - 20-02-2025

Wed, 19 Feb 2025 23:00:00 GMT

Under the Recovery and Resilience Facility (RRF), Czechia's national recovery and resilience plan (NRRP) had an initial value of €7 036 million in grants only. In June 2022, its initial RRF grant allocation was revised upwards to €7 673.7 million (+ 9.1 %). In June 2023, Czechia submitted a request to modify its NRRP. The amended plan totals €9 231.3 million and now includes a REPowerEU chapter with an additional grant allocation of €680.5 million. Czechia also requested to transfer its remaining share of the Brexit Adjustment Reserve to its plan (€54.9 million). The total EU contribution is €9 227.3 million, i.e. 4.1 % of the country's 2019 gross domestic product (GDP), with €8 409.2 million in grants and €818.1 million in loans. Czechia's NRRP comprises reforms and investment to help the Czech economy recover, while advancing the green and digital transition and addressing structural weaknesses. Measures under the plan are to be completed by 2026. In the 2024 country report, the European Commission assessed the implementation of the plan as being under way, albeit with a risk of some delays. In this context, the Council recommended accelerating investment, maintaining reform momentum and addressing emerging delays. In December 2024, a third payment, consisting of a fourth and fifth instalment of €1 482.5 million (net of pre-financing) in grants and a first instalment of €190.9 million in loans, was disbursed to Czechia. However, a payment of €162.7 million from the fourth instalment and of €97.6 million from the fifth instalment of the grant support was suspended, pending full implementation of the two remaining milestones. So far, Czechia has received €4 365.4 million (47.3 % of the modified plan), of which €1 061.7 million is in pre-financing, €3 112.8 million in grant payments, and €190.9 million in loans. This briefing is one in a series covering all EU Member States. Fourth edition. The previous edition was drafted by Marketa Pape. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2025 - PE

Briefing - The Netherlands' National Recovery and Resilience Plan: Latest state of play - 18-12-2024

Wed, 18 Dec 2024 08:08:49 GMT

The Netherlands is set to receive €5 441.4 million, solely in grants, to implement its national recovery and resilience plan (NRRP). The plan is relatively small compared with most Member States' plans, with a value of 0.7 % of Dutch gross domestic product (GDP) in 2019 (0.51 % in 2023). The original plan was awarded with €4 707.1 million from the Recovery and Resilience Facility (RRF). On 17 October 2023, the plan was amended to include an ambitious REPowerEU chapter along with other updates, allocating €734.4 million (including €280 million transferred from the Brexit Adjustment Reserve) to bolster energy resilience and sustainability and address the impact of Russia's war of aggression against Ukraine. Further targeted amendments to the plan were approved on 5 November 2024. On 24 September 2024, the Netherlands received its first payment of €1 333 million (24.5 % of the total allocated amount) without initial pre-financing, making it one of the last Member States to receive funding under the RRF. Another four payments are contingent on further progress in implementation. The European Commission, in its 2024 country report, considers the plan's implementation to be significantly delayed owing to investment bottlenecks and labour shortages. The Council has urged the Netherlands to accelerate efforts to ensure all reforms and investments are completed by the August 2026 deadline. Devoting 54.9 % of the resources to the green transition, the Dutch plan is among the most ambitious in this field. The plan also allocates 25.6 % of the funds (excluding the REPowerEU chapter) to the digital transition, while some 14 % of the resources contributes to the REPowerEU objectives. The plan is expected to address several structural weaknesses in addition to supporting economic recovery. �Ϸ��վ participates in interinstitutional forums for cooperation and discussion on RRF implementation, and scrutinises the Commission's work. This briefing is one in a series covering all EU Member States. Third edition. The previous edition was drafted by Magdalena Sapała with Luca Schollaert. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Análise aprofundada - Economic Dialogue with the President of the ECOFIN - 18 November 2024 - 13-11-2024

Wed, 13 Nov 2024 23:00:00 GMT

Mihály Varga, Minister of Finance and Deputy Prime Minister, of Hungary is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Hungarian Presidency (July - December 2024). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This document provides an overview of the Hungarian Presidency priorities in ECON matters, including the Council’s work relating to the implementation of the European Semester for economic coordination, including the application of the Recovery and Resilience Facility, and other policy streams relevant to the EU single market, notably progress on the Banking Union and the Capital Markets Union.

Fonte : © União Europeia, 2024 - PE

Briefing - Confirmation hearings of the Commissioners-designate: Teresa Ribera Rodríguez – Executive Vice-President for Clean, Just and Competitive Transition - 15-10-2024

Tue, 15 Oct 2024 08:27:21 GMT

Teresa Ribera Rodríguez has held senior posts in the Spanish government since 2018, most recently serving as third vice-president of the government and minister for ecological transition and demographic challenge (2021-2024), fourth vice-president of the government and minister for ecological transition and demographic challenge (2020-2021) and minister for ecological transition (2018-2020). Since 2000, Ribera Rodríguez has been involved in the international climate negotiations for the United Nations Framework Convention on Climate Change. From 2013 to 2014, she was advisor on energy and climate programme at the Institute for Sustainable Development and International Relations, and in 2019, she was responsible for organising the UNFCCC COP25 in Madrid. Member of the Spanish parliament, representing the Socialist party, since 2019, Ribera was state secretary for climate change and biodiversity in a previous government from 2008 to 2011. Born in 1969 in Madrid, Ribera Rodríguez holds a law degree from Madrid's Complutense University and a diploma in constitutional law and political science from the Centre for Political and Constitutional Studies. This is one of a set of briefings designed to give an overview of issues of interest relating to the portfolios of the Commissioners designate. All these briefings can be found at: https://epthinktank.eu/commissioner_hearings_2024.

Fonte : © União Europeia, 2024 - PE

Briefing - France's National Recovery and Resilience Plan: Latest state of play - 03-07-2024

Wed, 03 Jul 2024 07:21:24 GMT

France's national recovery and resilience plan (NRRP) is a subpart of 'France Relance', a larger recovery strategy France adopted in 2020 at national level, worth €100 billion in total (4.1 % of France's gross domestic product (GDP) in 2019). The NRRP had an initial value of €40.9 billion (total costs), while the plan as amended in 2023 is worth €41.9 billion. Under the Recovery and Resilience Facility (RRF), at the core of the Next Generation EU (NGEU) instrument, France's RRF grant allocation decreased from €39.4 billion to €37.5 billion, following the June 2022 update. In April 2023, France submitted a request to amend its NRRP – partly in order to take into account the decrease in the EU's financial contribution, but also to add a new REPowerEU chapter, which comes with an additional grant allocation of €2.3 billion. France also asked to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€504 million). The EU contribution to the French amended plan totals €40.3 billion in grants, with the rest to be covered by national means. France has not requested loans. The RRF resources allocated to France represent 5.3 % of the entire RRF resources for the EU, and 1.6 % of the country's GDP in 2019 (the RRF representing 5.2 % of EU-27 GDP in 2019). Measures under the plan are to be completed by August 2026. So far, France has received €30.9 billion. The next payments will depend on progress in implementing the plan. �Ϸ��վ, which was a major advocate of the creation of a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Fifth edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Estudo - The Impact of EU Legislation in the Area of Digital and Green Transition, particularly on SMEs - 30-06-2024

Thu, 03 Oct 2024 22:00:00 GMT

EU legislation calls SMEs to contribute to the twin transition. This study analyses the cumulative costs of selected pieces of EU digital and green legislation on SMEs and explores the effectiveness of costs mitigation tools at their disposal. This document was prepared for the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Internal Market and Consumer Protection (IMCO).

Fonte : © União Europeia, 2024 - PE

Briefing - Denmark's National Recovery and Resilience Plan: Latest state of play - 16-04-2024

Tue, 16 Apr 2024 12:07:10 GMT

Denmark's national recovery and resilience plan (NRRP) corresponds to 0.2 % of the entire Recovery and Resilience Facility (RRF), or 0.5 % of Denmark's 2019 gross domestic product (GDP). The financial contribution from the EU totals €1625.9 million. In June 2022, the maximum RRF grant allocation available for Denmark was revised downwards, from €1551.4 million to €1 429 million (- 7.9 %). On 7 November 2023, the Council approved the amended plan, which includes a REPowerEU chapter, adding €196.7 million to the revised amount. This includes an additional REPowerEU grant allocation worth €130.7 million and a transfer of part of the Danish allocation under the Brexit Adjustment Reserve to the plan (€66.0 million). Denmark has so far received 33.4 % of the NRRP resources in the form of pre-financing and one payment; this is slightly below the EU average. A further five payments will depend on progress made in implementing the plan. Denmark requested the second payment on 21 December 2023. The amended plan reinforces green initiatives and seeks to enhance the resilience of the Danish economy and society, devoting 65 % of the RRF grant allocation to the green transition (up from 59 % in the original plan). While there is no change in digital investment, the share of the total increases to 27 % (including REPowerEU) as a result of the change of the overall Danish allocation. In the context of the European Semester, the Commission assessed the implementation of the Danish plan as 'well under way'. �Ϸ��վ participates in interinstitutional forums for cooperation and discussion on NRRP implementation and scrutinises the Commission's work. This briefing is one in a series covering all EU Member States. Third edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Briefing - Cyprus's National Recovery and Resilience Plan: Latest state of play - 18-03-2024

Mon, 18 Mar 2024 13:56:31 GMT

In absolute figures, Cyprus's amended national recovery and resilience plan (NRRP) has increased by €20 million to a total of €1.22 billion. Cyprus decided to use its allocation under the Recovery and Resilience Facility (RRF) predominantly in grants (€1 005 million), with €200.3 million in loans. In September 2023, Cyprus submitted a request to amend its NRRP, to which it added a new REPowerEU chapter, with an additional REPowerEU grant allocation of €52.5 million. It also requested to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€52 million). With these funds, and cutting some measures (as a result of the 2022 decrease in the allocation), the overall EU financial contribution to the amended plan amounts to €1 024 billion in grants (loans remain the same).These resources represent around 0.2 % of the entire RRF, and are equal to 5.15 % of the country's gross domestic product (GDP) in 2019. They underpin reforms and investments that aim to promote the recovery of the Cypriot economy, while addressing structural weaknesses and pursuing major objectives such as the green transition and the digital transformation. The revised plan has a stronger focus on the digital (24.6 % of the funds vs 23 % before) and green (45 %, vs 41 % before) transitions. Measures under Cyprus's plan are to be completed in 2026. Cyprus has so far received 19.8 % of the resources in the form of pre-financing and one payment for grants and loans (below the EU average). The remaining amounts will be paid depending on the implementation of the remaining 68 milestones and 121 targets. �Ϸ��վ, which was a major advocate for the creation of a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the work of the European Commission. This briefing is one in a series covering all EU Member States. Third edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Briefing - Lithuania's National Recovery and Resilience Plan: Latest state of play - 18-03-2024

Mon, 18 Mar 2024 11:29:05 GMT

Under the Recovery and Resilience Facility (RRF), Lithuania's national recovery and resilience plan (NRRP) had an initial value of €2 224 million. In June 2022, Lithuania's grant allocation was revised downwards to €2 100 million (- 5.6 %). In October 2023, however, Lithuania submitted a request to amend its NRRP, which includes an additional grant allocation of €193.7 million for a new REPowerEU chapter and a loan request worth €1 551.7 million. Lithuania also requested to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€4.7 million). Together, these additional resources have brought the overall EU contribution to Lithuania's amended NRRP to €3 849 million. These resources represent 0.5 % of the entire RRF, equal to 7.9 % of the country's gross domestic product (GDP) in 2019. In November 2023, the Council adopted an amending implementing decision by which it gave the green light to Lithuania's modified plan. The new plan contains 31 reforms and 10 investments including the REPowerEU chapter with one reform and three investments. Apart from the added chapter, the other modifications submitted by Lithuania affect 46 measures of the initial plan. Moreover, Lithuania proposed to add six new measures (three investments and three reforms), to be funded by additional loan support. Measures under the current NRRP are to be completed by 2026. Lithuania has so far received 25.5 % of the resources (in the form of pre-financing and one grant payment). Further payments will depend on progress made in implementing the plan. Lithuania's NRRP is consistent with the challenges and priorities identified in the European Semester, the annual cycle for coordinating and monitoring each EU country's economic policies. �Ϸ��վ 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. Third edition. The 'National Recovery and Resilience Plans in the EU' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Briefing - Belgium's National Recovery and Resilience Plan: Latest state of play - 18-03-2024

Mon, 18 Mar 2024 08:48:34 GMT

The EU's Recovery and Resilience Facility (RRF) is the core component of Next Generation EU, a temporary recovery instrument that allows the European Commission to raise funds to help the economic and social recovery after the COVID-19 pandemic. By promoting the sustainable and inclusive recovery that ensures the green and digital transitions make progress, the RRF is consistent with the Commission's priorities. Belgium's initial maximum contribution to finance its national recovery and resilience plan (NRRP) was set to €5 924 million in grants. However, the maximum financial contribution was updated in June 2022 and reduced to €4 523 million. In addition, the non-repayable allocation for the REPowerEU chapter to reinforce the NRRP's energy dimension is set at €281 million. Belgium also submitted a reasoned request to transfer part of its provisional allocation from the resources of the Brexit Adjustment Reserve to the RRF (€228 million). Finally, Belgium requested a loan support of €264 million. The overall EU financial contribution to the amended Belgian NRRP stands thus at €5 298 million; it represents 0.7 % of the entire RRF, and 1.1 % of Belgium's gross domestic product (GDP) in 2019. The Council approved Belgium's amended NRRP on 8 December 2023. In total, Belgium received €915.1 million in pre-financing: 13 % of the initial NRRP (€770 million, all grants) in 2021, and 20 % of the REPowerEU chapter (€102.1 million in grants, €43 million in loans) in January 2024. �Ϸ��վ, which was a major advocate of creating a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on RRF implementation and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Second edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Briefing - Finland's National Recovery and Resilience Plan: Latest state of play - 01-02-2024

Thu, 01 Feb 2024 18:12:14 GMT

Finland's National Recovery and Resilience Plan (NRRP) is part of the national sustainable growth programme and its main source of financing. Next Generation EU (NGEU) – the EU's response to the social and economic crisis triggered by the COVID-19 pandemic – initially envisaged an allocation of €2 090 million in grants to Finland under its Recovery and Resilience Facility (RRF). Following the update of all national allocations in June 2022, Finland's share was reviewed downwards to €1 820 million in grants. Consequently, the plan was revised to reflect these changes by reducing investments and replacing them partly with national support. A second revision added a REPowerEU chapter, under which Finland is to receive a maximum of €127 million in non-repayable financial support for energy-related reforms and investment. Finland's NRRP now totals €1 949 million, is worth 0.8 % of the country's gross domestic product (GDP) in 2019 and represents 0.3 % of the entire RFF. In terms of absolute numbers and per capita, it is among the lowest third of NGEU grant allocations by Member States. Finland has allocated 52.3 % of its NRRP to the green transition, in the service of its ambition to achieve carbon neutrality by 2035, while digital expenditure accounts for 28.9 % of the overall resources in the plan. The plan thus exceeds the minimum allocations required by the RRF Regulation, which are 37 % for the green transition and 20 % for digital transformation (the latter does not apply to the REPowerEU chapter). Finland has received pre-financing of about €271 million, representing 13 % of the plan's initial value in January 2022. The next payments, in six instalments, will depend on progress in implementing the plan. The first payment request for €273 million was submitted in November 2023. Finland has also asked for pre-financing of €25 million from the REPowerEU allocation. �Ϸ��վ, which was a major advocate of the creation of a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Second edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2024 - PE

Análise aprofundada - Recovery and Resilience Dialogue with the European Commission_ 5 February 2024 - 01-02-2024

Wed, 31 Jan 2024 23:00:00 GMT

Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the 14th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation. The previous RRD took place on 11 December 2023. This briefing describes the state of play of the implementation of the RRF, and then focusses on the Commission’s recent preliminary assessments of milestones and targets related to payment requests submitted by Portugal, Germany, France, Slovakia, and Italy.

Fonte : © União Europeia, 2024 - PE

Em síntese - VAT in the digital age - 15-11-2023

Wed, 15 Nov 2023 15:47:53 GMT

In December 2022, the Commission tabled a proposal (VAT in the digital age) for a directive aimed at reinforcing the fight against value added tax (VAT) fraud, modernising VAT rules for the platform economy and cutting businesses' compliance costs. The Council must vote unanimously, after consulting the �Ϸ��վ, to adopt the directive. �Ϸ��վ is due to vote its report during the November II plenary session.

Fonte : © União Europeia, 2023 - PE

Briefing - Estonia's National Recovery and Resilience Plan: Latest state of play - 29-09-2023

Fri, 29 Sep 2023 14:08:17 GMT

Estonia's National Recovery and Resilience Plan (NRRP) – one of the last NRRPs submitted to the European Commission – sets out the reforms and public investment projects Estonia intends to implement with the support of the Recovery and Resilience Facility (RRF). The RRF is one of the main components of Next Generation EU, an EU instrument to counter the impact of the COVID-19 pandemic. Estonia's plan is one of the smallest in the EU in terms of the total amount allocated. However, when taking into account its number of inhabitants, the country is a medium-sized beneficiary. Initially, Estonia requested €982.5 million in grants but in the modified version, submitted to the European Commission in March 2023, Estonia reduced this amount to €953.3 million (-1.7 % compared with the original plan). The modified plan takes into account the updated maximum financial contribution published on 30 June 2022 (€863.5 million, down from €969.3 million) which reflects changes in real gross domestic product (GDP) over time. Furthermore, it includes a REPowerEU chapter to reinforce the plan's energy dimension. Estonia's modified plan represents 0.1 % of the entire RRF, equal to 3.4 % of the country's GDP in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). Estonia did not request any RRF loans. The Council approved Estonia's initial plan on 25 October 2021 and the modified plan on 16 June 2023. The European Commission disbursed €126 million (13.2 % of the resources of the revised plan) in pre-financing on 17 December 2021. The next payments, in seven instalments, will depend on progress in implementing the investments and reforms. On 9 March 2023, Estonia also requested the pre-financing of 20 % to fund the REPowerEU chapter. �Ϸ��վ, which was a great supporter of the creation of a common EU recovery instrument, participates in interinstitutional cooperation and discussions on its implementation, and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Second edition. The 'Monitoring EU recovery' briefings are updated at key stages throughout the lifecycle of the plans.

Fonte : © União Europeia, 2023 - PE

Briefing - Argentina's debt restructuring and economy ahead of the 2023 elections - 26-09-2023

Mon, 25 Sep 2023 22:00:00 GMT

Sovereign debt has been a longstanding challenge for Argentina's governments. As recently as 2022, Argentinian President Alberto Fernandez secured an outline deal with the IMF to restructure US$44.5 billion of debt from a record 2018 bailout. In fact, since 2001, Argentina has defaulted on its international sovereign debt three times –the first time in December 2001 in the midst of a very serious financial crisis, in 2014, in the middle of a battle against holdout creditors and again in 2020, in the middle of the COVID-19 pandemic. During the same period, Argentina has gone through two debt restructurings. One that lasted from 2005 to 2016, and one that started in 2020 and was agreed much faster. After the 2005-2016 restructuring experience, Argentina implemented two of the lessons learned: (i) the use of collective action clauses in the 2005 and 2016 indenture bonds, and (ii) taking a faster approach to the restructuring process, in both the opening of negotiations with creditors and the formulation of an acceptable proposal. In addition, during the 2020 restructuring, Argentina chose initially to adopt two controversial measures to circumvent collective action clauses, it changed course and managed to complete the restructuring of the desired amount. These actions, along with other economic policy decisions, allowed the country to avoid a crisis similar to that of 2001, despite the challenging global economic environment. In 2022, the country's economy went through multiple shocks, i.e. the ramifications of the Russian invasion of Ukraine, as well as a persistent drought that damaged its crops and exports. The situation persisted in 2023, with an increase in inflation and a depletion of dollar reserves, which added to the government's woes. Even if a crisis is averted, economic considerations will play a critical role in the general elections due to take place in October 2023. While it is too early to say that Argentina will not again find itself in need of restructuring in the near future, experts suggest that the country has learned some lessons from these processes, with regard both to negotiating with creditors and to managing its debt and the legal innovations that can protect it. This could help it manage such processes more efficiently and without the associated economic and social costs.

Fonte : © União Europeia, 2023 - PE

Análise aprofundada - Achieving the UN Agenda 2030: Overall actions for the successful implementation of the Sustainable Development Goals before and after the 2030 deadline - 22-12-2022

Thu, 19 Jan 2023 23:00:00 GMT

The European Union (EU) has a strong leadership role, globally and regionally, in implementing the Agenda 2030 for Sustainable Development but as a matter of urgency its ambitions now need to be translated into strategies and actions. Major global crises, such as the COVID-19 pandemic, the war in Ukraine and climate change, have all effectively reversed progress in achieving the Sustainable Development Goals (SDGs) and further exacerbated interrelated challenges relating to poverty, inequality, carbon emissions, education, health, economic growth and finance. The increasing likelihood of Agenda 2030 objectives not being met within the expected timeframe calls for major transformation in: SDGs’ financing; ecology and green recovery; citizens’ empowerment; political commitment to collective action; as well as cooperation between public, private and non-profit sectors. Achieving SDGs would be better served by adopting an overarching EU strategy for the Agenda 2030, to include: SDGs in the European Semester; the Green Deal; countries’ recovery processes; increased collaboration between EU and United Nations institutions; and support for other countries in levelling up SDG achievements globally. This would not only provide positive signals for reassuring Agenda 2030 but also enhance countries’ commitment to sustainability. This In-Depth Analysis aims to assist the European �Ϸ��վ by contributing to policy and legislative debates ahead of the 2023 SDG Summit.

Fonte : © União Europeia, 2022 - PE

Estudo - Addressing the challenges of the policies for the next generation, children and the youth, such as education and skills in national Recovery and Resilience Plans - 20-12-2022

Mon, 19 Dec 2022 23:00:00 GMT

This briefing paper is aimed at analysing the measures addressing Pillar 6 – next generation, children and the youth in National Recovery and Resilience Plans, with a focus on two policy domains: early childhood education and care, and youth employment support. Moving from a general overview across the 27 European Union Member States, the analysis is focused on eight Member States (Belgium, Croatia, Finland, Germany, Ireland, Italy, Poland and Spain).

Fonte : © União Europeia, 2022 - PE

Estudo - Addressing the challenges of the social and territorial cohesion in National Recovery and Resilience Plans: a preliminary assessment - 05-12-2022

Sun, 04 Dec 2022 23:00:00 GMT

This briefing gives a comparative assessment of initiatives being undertaken in RRF Pillar 4 across a sample of four National Recovery and Resilience Plans (NRRPs) in Ireland, Italy, Poland and Portugal. In each of them, it covers three measures falling into the categories territorial infrastructure, targeting of specific territories, and adult and vocational training. Pillar 4 is covered as a cross-cutting theme that is picked up across a range of components, but there is substantial variation in how each NRRP treats social and territorial cohesion. In all four cases, the NRRP sets out significant reforms and investments and there are spill-overs with other measures. The plans aim to ensure the sustainability of the supported measures via reforms, capacity-building and complementarities and synergies with other instruments, especially Cohesion Policy. Yet, there remain substantial strategic and operational challenges in achieving potential synergies and a risk of duplication and rivalry.

Fonte : © União Europeia, 2022 - PE

Análise aprofundada - Economic Dialogue with Romania - 28-10-2022

Thu, 27 Oct 2022 22:00:00 GMT

ECON on 7 November 2022 This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an economic dialogue and exchange of views with Mr Adrian Câciu, Minister of Finance of Romania, in the ECON committee of the European �Ϸ��վ. The invitation for an exchange of views is in accordance with the EU economic governance framework.

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Estudo - Country-Specific Recommendations for 2019, 2020, 2021 and 2022 - 19-07-2022

Tue, 19 Jul 2022 22:00:00 GMT

This document presents: • The 2022 CSRs adopted by the Council, in the framework of the European Semester, on 17 June 2022 and • The 2021 fiscal recommendations adopted by the Council on 18 June 2021, • The 2020 CSRs adopted by the Council, in the framework of the European Semester, on 20 July 2020, • The 2019 Country-Specific Recommendations (CSRs) adopted by the Council on 9 July 2019, • The European Commission’s assessments of the implementation of the 2019, 2020 and 2021 CSRs based on its Country Reports published on 23 May 2022.

Fonte : © União Europeia, 2022 - PE

Análise aprofundada - Outcome of a survey on the role of national parliaments in the implementation of the RRF - 21-06-2022

Mon, 20 Jun 2022 22:00:00 GMT

This paper summarises the findings and provides some further details of the replies received from a survey on the involvement of national parliaments in scrutinising the implementation of Recovery and Resilience Facility, notably the Recovery and Resilience Plans at the national level. This survey aimed to keep stock of whether and how EU national parliaments are involved in the implementation of the RRF. It was addressed directly to EU national parliament services and reflected developments in the first months of the RRF implementation timeline (e.g. information flow, adoption of RRPs, payment requests, stakeholder involvement, and parliamentary scrutiny procedures)

Fonte : © União Europeia, 2022 - PE

Briefing - Understanding SDGs: The UN's Sustainable Development Goals - 16-06-2022

Wed, 15 Jun 2022 22:00:00 GMT

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs), to be attained by 2030, as a follow-up to the Millennium Development Goals (2000-2015) and the Rio+20 Summit (2012). Unlike their antecedents, the SDGs commit both developed and developing countries, and embrace the economic, environmental and social aspects of development. The SDGs and the broader 2030 Agenda for sustainable development, of which they form the core, are based on findings that human activities have triggered dramatic changes in the conditions on Earth (climate change and biodiversity loss), which in turn have contributed to the deterioration of human wellbeing. To reverse the trend, there is an urgent need to simultaneously address the multiple causes and consequences of environmental depletion and social inequalities, by developing synergies and managing trade-offs between the SDGs. Challenges in pursuing the SDGs include the fact that countries do not necessarily have an equal starting point and, even more importantly, that regardless of their stage of development, they can no longer afford to apply the current development model, where production and consumption happen at the expense of natural resources. According to many observers, this model creates unsolvable tensions between SDGs, notably between the safeguarding of natural resources and the aspirations for improved wellbeing. The structural transformation that would bring about the desired change requires a joint effort by the international community, but equally so from natural and public or private legal persons, to speed up the process. The European Union has been a leader in drafting the SDGs; it is also a frontrunner in mainstreaming the SDGs in all its policies. �Ϸ��վ regularly assesses the EU commitments on achieving the SDGs. This briefing updates a previous edition by Marta Latek and Eric Pichon, published in December 2019.

Fonte : © União Europeia, 2022 - PE