Connect with us

Ireland

NextGenerationEU: European Commission endorses Ireland's recovery and resilience plan

SHARE:

Published

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.

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.

Share this article:

Share this:
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.

Trending