Commission confirms positive preliminary assessment for payments of €1.18 billion and €128 million to the Netherlands and Denmark under NextGenerationEU

The Commission has given a positive preliminary assessment on the payment request of the Netherlands for €1.18 billion and that of Denmark for €128 million under NextGenerationEU, a central lever of the European recovery aimed at building a greener, more digital and more competitive Union.

In the Netherlands, this assessment follows the implementation of seven reforms covering environmental taxation, residential construction procedures, the fight against aggressive tax planning and the establishment of a prioritized framework for investments in the electricity grid. It also relies on ten investments, including in green hydrogen, the conversion of pig farms, training and career guidance, rail traffic management, smart road service areas, the digitalisation of criminal justice and intensive care units in hospitals.

In Denmark, it is based on the implementation of two reforms and five investments that bring concrete benefits to citizens and businesses. These measures cover the areas of health, digitalisation, green taxation, industrial rehabilitation, carbon capture and storage, and investments in research and development.

The Commission has concluded at this stage that the Netherlands and Denmark have met the required milestones and targets for these payments, financed by the Recovery and Resilience Facility, the main instrument of NextGenerationEU.

The Commission has forwarded its preliminary assessments to the Economic and Financial Committee, which has four weeks to deliver its opinion. Following favourable opinions, the Commission will be able to adopt the payment decisions allowing the payment of €1.18bn to the Netherlands and €128m to Denmark.

More information is available online.

Share this article: