About: Recovery and resilience Facility
‘Historic step’ as European Parliament approves green recovery fund
Lawmakers in the European Parliament voted to pass the EU's €672.5 recovery and resilience facility on Tuesday evening (9 February), unlocking unprecedented funding aimed at helping Europe "build back better" after the COVID-19 crisis.
Drafting national recovery plans: A laborious exercise for Visegrad countries
The process of drafting national recovery plans under time pressure seems to be a handful for Visegrad countries. Frequent issues include a lack of stakeholder involvement, problems with streamlining different requests and ensuring transparency in the process.
EU does not exclude funding gas, highways under green recovery plan
The grants and loans provided to EU countries under the bloc’s €750 billion recovery plan will not automatically exclude funding for gas infrastructure or highways, as long as these are part of a coherent national decarbonisation strategy with clear milestones, EU officials have said.
Commission demands more precision and ambition in national recovery plans
Member states should include more specific milestones and targets and more ambitious reforms in their recovery plans to access the unprecedented stimulus package to combat the COVID pandemic, the European Commission warned on Tuesday (19 February).
EU agrees to set aside 37% of recovery fund for green transition
Negotiations between the European Parliament and EU member states on the bloc's coronavirus recovery fund concluded early on Friday morning (18 December), unlocking €265 billion of the total €672.5 available for the green transition in EU countries.
Parliament pushes for easing recovery fund conditionality
The European Parliament will fight to loosen the conditionality required from national governments in order to receive money from the EU recovery fund, according to the negotiating position MEPs will adopt this week.
Lawmakers vote to exclude fossil fuels from EU recovery fund
The environment committee in the European Parliament voted on Monday (12 October) to exclude fossil fuels from support under the EU’s €750 billion recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.