EC received recovery and resilience plans from Croatia, Lithuania
Already 17 EU countries officially submitted their reform schemes that will allow them to benefit from RRF €672.5bnEuropost , Brussels
Croatia and Lithuania submitted to the Commission their official recovery and resilience plans, which set out the reforms and public investment projects that each of them plans to implement with the support of the Recovery and Resilience Facility (RRF) grants and loans.
The presentation of these plans follows an intensive dialogue between the Commission and the national authorities of these countries over the past number of months.
Croatia has requested a total of almost €6.4bn in grants under the facility. Its is structured around green and digital economy, public administration and judiciary, education, science and research, labour market and social protection, and healthcare.
It also encompasses one initiative on building renovation. The plan includes measures to improve business environment, education, research and development, energy-efficiency in buildings, zero-emission transport and the development of renewable energy sources.
Projects in the plan cover the entire lifetime of the RRF until 2026. The plan proposes projects in all seven European flagship areas.
Under the RRF, Lithuania has requested a total of €2.2bn and its plan is structured around seven components. They include a resilient health sector, green and digital transitions, high quality education, innovation and higher education, efficient public sector, and social inclusion.
The plan includes measures in areas such as renewable energy, energy efficiency, sustainable transport, digital skills, research and innovation, digitalisation of public administration, and the strengthening of active labour market policies. Projects in the plan cover the entire lifetime of the RRF until 2026. The plan proposes projects in all seven European flagship areas.
The EU executive will assess the plans within the next two months based on the eleven criteria set out in the regulation and translate their contents into legally binding acts. This assessment will notably include a review of whether the plans contribute to effectively addressing all or a significant subset of challenges identified in the relevant country-specific recommendations issued in the context of the European Semester.
The Commission will also assess whether the plans dedicate at least 37% of expenditure to investments and reforms that support climate objectives, and 20% to the digital transition.
According to the rules, the Council will havefour weeks to adopt the Commission proposal for a Council Implementing Decision.
The Council's approval of the plans would allow for the disbursement of a 13% pre-financing to these Member States. This is subject to the entry into force of the Own Resources Decision, which must first be approved by all Member States.
The Commission has now received a total of 17 recovery and resilience plans, from Belgium, Denmark, Germany, Greece, Spain, France, Croatia, Italy, Latvia, Lithuania, Luxembourg, Hungary, Austria, Poland, Portugal, Slovenia, and Slovakia.
The RRF is the key instrument at the heart of NextGenerationEU, the EU's plan for emerging stronger from the COVID-19 pandemic. It will provide up to €672.5bn to support investments and reforms (in 2018 prices). This breaks down into grants worth a total of €312.5bn and €360bn in loans. The RRF will play a crucial role in helping Europe emerge stronger from the crisis, and securing the green and digital transitions.