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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 ...

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 ...

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 ...

The Netherlands is set to receive 鈧�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 鈧�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 ...

Mih谩ly 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, 鈥淢ember States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council鈥�. This document provides an overview of the Hungarian Presidency priorities in ECON matters, including the Council ...

Teresa Ribera Rodr铆guez 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 Rodr铆guez has been involved in the international climate negotiations for the United Nations ...

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 鈧�100 billion in total (4.1 % of France's gross domestic product (GDP) in 2019). The NRRP had an initial value of 鈧�40.9 billion (total costs), while the plan as amended in 2023 is worth 鈧�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 ...

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).

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 鈧�1625.9 million. In June 2022, the maximum RRF grant allocation available for Denmark was revised downwards, from 鈧�1551.4 million to 鈧�1 429 million (- 7.9 %). On 7 November 2023, the Council approved the amended plan, which includes a REPowerEU chapter, adding 鈧�196.7 ...