About: European Recovery and Resilience Facility

Economy & Jobs 13-07-2021

Assess full effects of technology on work before regulating, warns EU tech lawmaker

EU lawmakers should make sure they see the full effects of technological change on working patterns before they regulate them, as we are likely to see a continued shift towards remote and flexible employment, policymakers said at an event hosted by EURACTIV on the future of work across the bloc.

Slovenia hosts College of European Commissioners for working visit

Slovenia's six-month stint at the helm of the Council of the European Union begins on Thursday (1 July) with a customary working visit by the College of Commissioners and Commission President Ursula von der Leyen.
Politics 25-06-2021

Tweets of the Week: LGBTIQ divide, EUCO, Recovery Tour

Stadium lights are not political, member states stay critical, and Von der Leyen sees it all.

German recovery plan looks greener than it is, critics say

Germany was lauded for supporting green spending criteria in the EU’s €750 billion pandemic recovery plan, but critics now say Berlin’s national recovery programme may look greener than it is.
Economy & Jobs 23-06-2021

Lagging German regions may lose out due to rush of EU pandemic recovery money

Following European Commission President Ursula von der Leyen’s visit to Berlin on Tuesday (22 June), where she delivered the approved German recovery plan, concerns are emerging that the new pot of money may crowd out funding for weak regions and thwart their efforts to catch up with wealthy areas.
Special ReportOpinionPromoted content
Economy & Jobs 16-06-2021

Thinking about investing in Portugal? Think again.

In 2017, a coalition of institutional investors, including Pimco and Blackrock, boycotted an issuance of Portuguese bonds to protest the risks associated with actively investing in Portuguese public or private debt “as the Banco de Portugal still has not addressed...

MEPs fear ‘green-washing’ in EU recovery plans

The Greens group in European Parliament on Wednesday (2 June) warned that national spending plans by EU member states were falling short of commitments to help reverse climate change that is at heart of the bloc's massive recovery fund.
Economy & Jobs 02-06-2021

EU Commission to borrow €80bn in 2021 to finance recovery

The European Commission is set to borrow about €80 billion ($97.76 billion) this year in long-term bonds to finance the European Union's plan for economic revival after the pandemic, the EU executive said on Tuesday (1 June).
Economy & Jobs 01-06-2021

EU to kick off pandemic plan with €10bn bond issue: French minister

The European Union plans to kick off its €750 billion pandemic recovery package with an initial €10 billion bond issue, France's junior minister for European affairs, Clément Beaune, said on Monday (31 May).
Economy & Jobs 28-05-2021

COVID recovery money comes with strings attached, say EU officials

Tough control mechanisms will allow the EU to claw back misspent funds from the bloc’s ambitious Recovery and Resilience Facility (RRF), EU officials said at an event organised by EURACTIV on Tuesday (25 May).
Economy & Jobs 19-05-2021

Regions warn of bottleneck risks, double spending with EU recovery funds

Implementing the EU's €750 billion recovery plan in addition to regular regional spending at European level is likely to prove a challenge, the bloc's politicians admitted at an informal meeting of EU cohesion ministers in Lisbon on Tuesday (18 May).
Electric vehicles 07-05-2021

Spain pours billions into fight for slice of European electric vehicle sector

Spain is moving aggressively to land new battery and electric vehicle plants, using billions of European Union pandemic relief funds to avoid being left behind as the global auto sector undertakes the biggest technology transformation in a century.
Economy & Jobs 04-05-2021

Fourteen EU countries have submitted recovery plans, 13 still to go

The European Commission has received national Recovery and Resilience Plans (RRP) from 14 countries to access the bloc's €750 billion recovery fund. 13 of the EU's 27 member states are still missing from the list.
Transport 30-04-2021

ECF: EU recovery plans squander chance to boost cycling

European cycling groups have criticised EU countries for neglecting cycling in their National Recovery and Resilience Plans, saying the low levels of funding allocated by most member states will see them miss out on billions in economic and health benefits.
Economy & Jobs 30-04-2021

Where is social inclusion in the national recovery plans?

The Recovery Funds should respond to the strategic priorities set out by the European Commission, including employment and fighting poverty. However, an initial assessment of the submitted draft national recovery plans suggests that they largely miss investment in social inclusion and social services reform, writes Alfonso Lara Montero.