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Commission greenlights Ireland's third payment request of €240 million under the NextGenerationEU

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The Commission has positively assessed Ireland's third payment request of €240 million under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU.

The Commission found that Ireland has satisfactorily completed the 14 milestones and targets set out in the Council Implementing Decision for the third installment.

The payment request covers important steps in the delivery of three reforms and eight investments that will drive positive change for citizens and businesses in Ireland in the areas of energy efficiency, sustainable transport, carbon taxation, e-health, public administration, higher education, healthcare and aggressive tax planning.

The Commission shared its preliminary assessment with the Economic and Financial Committee (EFC). The EFC has now four weeks to deliver its opinion. Once the EFC gives their opinion, the Commission can officially approve the payment to Ireland.

You can find more information in the press release online.

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