NextGenerationEU

Next Generation EU drives sustainable growth across the EU

As the Recovery and Resilience Facility (RRF) approaches its 2026 deadline, it continues to drive positive reforms and investments across the EU. As a cornerstone of NextGenerationEU, the RRF has already disbursed €367 billion across Member States, contributing to key objectives such as economic and social resilience, and the green and digital transitions. Today, the […]

NextGenerationEU - The road to 2026

NextGenerationEU - The road to 2026

The Recovery and Resilience Facility continues to deliver, Commission third annual report shows

The implementation of the Recovery and Resilience Facility (RRF), at the heart of the EU's recovery instrument NextGenerationEU, is speeding up, fostering continuous reform and investment progress in Member States. As shown in the Commission's third Annual Report on the RRF adopted today, the Commission is supporting Member States in the full and timely delivery […]

Spain's fourth payment request under the Recovery and Resilience Facility

Today, the Commission has endorsed a positive preliminary assessment of 60 out of the 61 milestones and targets linked to Spain's fourth payment request for €10 billion (net of pre-financing) under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. The payment request covers important steps in the delivery of 34 reforms and 26 investments […]

Mid-term evaluation of the Recovery and Resilience Facility #NextGenerationEU

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 […]

NextGenerationEU: Implementation of the Recovery and Resilience Facility firmly underway

The Commission has today adopted its second annual report on the implementation of the Recovery and Resilience Facility (RRF), the €800 billion reform and investment tool at the heart of NextGenerationEU. The report shows the progress made with the RRF to increase Member States' economic and social resilience and deliver on REPowerEU, the EU's response […]

Commission approves €680 million Spanish scheme under the Recovery and Resilience Facility to support roll out of 5G mobile networks in rural areas

The European Commission has approved, under EU State aid rules, a €680 million Spanish scheme made available through the Recovery and Resilience Facility (‘RRF') to roll out equipment and infrastructure for high-performing 5G standalone networks in underserved rural areas. The measure is part of Spain's strategy to address the needs of citizens and businesses in […]

NGEU debt management at the Commission #NextGenerationEU

Special report 16/2023 NGEU debt management at the Commission – An encouraging start, but further alignment with best practice needed The NextGenerationEU programme provides grants and loans to member states to support their economic recovery following the COVID-19 pandemic. The Commission will fund the programme by issuing up to €807 billion in EU bonds on […]

Disbursements under Recovery and Resilience Facility pass €150 billion mark

Following today's payment of €6 billion to Spain, the Commission has now disbursed over €150 billion to Member States under the Recovery and Resilience Facility (RRF). This is an important milestone in the implementation of the RRF, the key instrument at the heart of the €800 billion NextGenerationEU recovery plan for Europe. In just over […]

Communication marking the two-year anniversary of the creation of the Recovery and Resilience Facility #NextGenerationEU

The European Commission has today adopted a Communication marking the two-year anniversary of the creation of the Recovery and Resilience Facility (RRF), the key instrument at the heart of the EUR 800 billion NextGenerationEU recovery plan for Europe. The Communication takes stock of the concrete results achieved so far through the RRF's unprecedented double-push for […]

Positive preliminary assessment of Spain's third payment request for €6 billion under the Recovery and Resilience Facility #NextGenerationEU

The European Commission has today endorsed a positive preliminary assessment of Spain's payment request for €6 billion (net of pre-financing) in grants under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU. On 11 November 2022, Spain submitted to the Commission a payment request based on the achievement of the […]

Opinion of the European Economic and Social Committee on Climate Adjustment Fund

Opinion of the European Economic and Social Committee on Climate Adjustment Fund financed by Cohesion and NGEU (own-initiative opinion)