Today, the Commission presented the mid-term evaluation of the Recovery and Resilience Facility (RRF), the EU's recovery instrument at the heart of the €800 billion NextGenerationEU (NGEU) plan.

Unprecedented in its scale and ambition, the RRF was established in February 2021 and has the two-fold objective of helping Member States to recover from the COVID-19 pandemic, as well as bolstering their resilience and making our economies and societies greener, more digital and more competitive. In short, fit for the future. It has also been vital in addressing urgent challenges, such as the knock-on impact of Russia's war of aggression against Ukraine.