Ireland
NextGenerationEU: European Commission endorses Ireland's recovery and resilience plan
The European Commission has adopted a positive assessment of Ireland's recovery and resilience plan. This is an important step towards the EU disbursing €989 million in grants under the Recovery and Resilience Facility. This financing will support the implementation of the crucial investment and reform measures outlined in Ireland's recovery and resilience plan. It will enable Ireland to emerge stronger from the COVID-19 pandemic.
The Commission assessed Ireland's plan based on the criteria set out in the RRF Regulation. The Council will now have, as a rule, four weeks to adopt the Commission's proposals. The RRF is at the heart of NextGenerationEU which will provide €800 billion (in current prices) to support investments and reforms across the EU. A press release, Q&A and factsheet are available online.
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