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Recovery and Resilience Facility: Croatia and Lithuania submit official recovery and resilience plans

The Commission has received official recovery and resilience plans from Croatia and Lithuania. These plans set out the reforms and public investment projects that each Member State plans to implement with the support of the Recovery and Resilience Facility (RRF).

The RRF is the key instrument at the heart of NextGenerationEU, the EU's plan for emerging stronger from the COVID-19 pandemic. It will provide up to €672.5 billion to support investments and reforms (in 2018 prices). This breaks down into grants worth a total of €312.5 billion and €360 billion in loans. The RRF will play a crucial role in helping Europe emerge stronger from the crisis, and securing the green and digital transitions.

The presentation of these plans follows an intensive dialogue between the Commission and the national authorities of these Member States over the past number of months.

Croatia's recovery and resilience plan 

Croatia has requested a total of almost €6.4 billion in grants under the RRF.

The Croatian plan is structured around five components: green and digital economy, public administration and judiciary, education, science and research, labour market and social protection, healthcare. It also encompasses one initiative on building renovation. The plan includes measures to improve business environment, education, research and development, energy-efficiency in buildings, zero-emission transport and the development of renewable energy sources. Projects in the plan cover the entire lifetime of the RRF until 2026. The plan proposes projects in all seven European flagship areas.

Lithuania's recovery and resilience plan

Lithuania has requested a total of €2.2 billion in grants under the RRF.

The Lithuanian plan is structured around seven components: a resilient health sector, green and digital transitions, high quality education, innovation and higher education, efficient public sector, and social inclusion. The plan includes measures in areas such as renewable energy, energy efficiency, sustainable transport, digital skills, research and innovation, digitalisation of public administration, and the strengthening of active labour market policies. Projects in the plan cover the entire lifetime of the RRF until 2026. The plan proposes projects in all seven European flagship areas.

Click here for the full press release

 

Original article link: https://ec.europa.eu/commission/presscorner/detail/en/IP_21_2501

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