Recovery and Resilience Facility

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 […]

The Recovery and Resilience Facility’s performance

Special report 26/2023: The Recovery and Resilience Facility’s performance monitoring framework – Measuring implementation progress but not sufficient to capture performance | OJ C 2023/00796, 16.11.2023 The Recovery and Resilience Facility (RRF), amounting to €723 billion, was set up in response to the COVID-19 pandemic. We audited the RRF’s performance monitoring framework and concluded that […]

Implementation of the Recovery and Resilience Facility

Report on the implementation of the Recovery and Resilience Facility: Moving forward

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 […]

€350 million Spanish scheme for developing electricity storage facilities #REPowerEU

The European Commission has approved, under EU State aid rules, a €350 million Spanish scheme, made available through the Recovery and Resilience Facility (‘RRF'), to support the construction and operation of electricity storage facilities. The measure contributes to achievement of the European Green Deal targets, while helping to reduce dependence on Russian fossil fuels and […]

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 […]

Implementation of the Recovery and Resilience Facility

Opinion of the European Committee of the Regions on the Review Report on the Implementation of the Recovery and Resilience Facility

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 […]

Recovery and Resilience Plans in the context of REPowerEU

Commission Notice. Guidance on Recovery and Resilience Plans in the context of REPowerEU

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 […]

Recovery and Resilience Facility: Two years

Recovery and Resilience Facility: Two years on A unique instrument at the heart of the EU’s green and digital transformation

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 […]