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Recovery fund: ministers welcome assessment of Estonia’s, Finland’s and Romania’s plans

27.10.2021

Recovery fund: ministers welcome assessment of Estonia’s, Finland’s and Romania’s plans

Economy and finance ministers today welcomed the assessment of national recovery and resilience plans for Estonia, Finland and Romania. Council implementing decisions on the approval of these plans will be adopted by written procedure shortly after today’s ministers’ video conference.

Following the formal adoption of the decisions, those member states will be able to receive the requested 13% pre-financing and begin making use of the EU’s large-scale financial support to overcome the adverse impact of the pandemic on their economies. The EU’s recovery fund makes €672.5 billion (in 2018 prices) available to support reforms and investments member states make to stimulate their economies, while prioritising green and digital spending. Further information: HERE

Source: Source: Council of the European Union