Romania launches its recovery and resilience plan

Romanian President Klaus Iohannis. [EPA-EFE/JOHANNA GERON]

Romanian President Klaus Iohannis and the Romanian government unveiled on Thursday evening their proposal for the national plan for recovery and resilience, which has two main priorities – reforms and investments.

“It is the best time for ambitious reforms,” Iohannis said as he announced a ”new growth model, based on investments, innovation and competitiveness.”

The EU will make available to Romania more than €30 billion in the Recovery and Resilience Facility.

The national plan has three main pillars: transport and climate change (with a total value of €21.4 billion; public services, urban development and heritage valorisation (€6.5 billion); competitiveness, digitalisation and resilience (€5.08 billion). (Bogdan Neagu | EURACTIV.ro)

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