Germany
Commission greenlights Germany's third payment request for €4.6 billion under NextGenerationEU
The Commission has positively assessed Germany's third payment request for €4.6 billion in grants under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU.
This is an important step in the delivery of the reforms and investments tied to this payment request, in the areas of research and innovation for the green transition, greening of transport and housing, public administration reform and digitalisation, as well as education and training.
The Commission found that Germany has satisfactorily completed the 5 milestones and 17 targets set out in the Council Implementing Decision.
This payment request will bring the funds paid out to Germany under the Recovery and Resilience Facility to €24.4bn, including €2.3bn in pre-financing. This amount corresponds to 80% of all funds included in the German recovery and resilience plan, with 79% of all milestones and targets in the plan now fulfilled.
A press release is available online.
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