Connect with us

European Commission

Commission receives Irelands' second payment request for €115.5 million under the Recovery and Resilience Facility

SHARE:

Published

1 year ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

On 23 December, the Commission received the second payment request from Ireland for €115.5 million in grants, under the Recovery and Resilience Facility (RRF).

Irelands' second payment request concerns 17 milestones and targets.

It covers reforms that aim to bridge the digital skills gap through targeted training programs, enhance healthcare quality through the establishment of Community Health Networks, and increase access to affordable housing in Ireland. Other key reform actions include annual increases in the carbon tax rate, streamlining the pension landscape for greater simplicity and consistency, and broader application of the SME test to reduce regulatory barriers to entrepreneurship. The request also covers investments in the areas of sustainable transport through the award of contracts for investments in the Cork Commuter Rail, the improvement of digital infrastructure by installing broadband routers in schools, the establishment of four European Digital Innovation Hubs in Ireland, and the launch of the Green Transition Fund to  help businesses move away from fossil fuels and towards more sustainable alternatives.

The Commission will now assess Ireland's fulfilment of the milestones and targets linked to this payment request. It will then share its preliminary assessment with the Council's Economic and Financial Committee.

Irelands' overall Recovery and Resilience Plan will be financed by €1.154 billion. More information on the Irish plan is available online.

Share this article:

Share this:
Related Topics:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Advertisement

Trending