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Back to all in-depth newsNext Generation EU - 03.11.2022
State of play - Recovery and Resilience Facility In 2020, faced with the unprecedented Covid-19 pandemic, European Union (EU) leaders and the European Commission put in place an equally unprecedented response package: Next Generation EU. It allows the EU to borrow large amounts of funding from the financial markets and to allocate these to Member States. The Next Generation EU’s centrepiece, the Recovery and Resilience Facility (RRF), provides grants and loans over a period of 5 years, amounting to €724 billion (in current prices) in total, to support the rebound of EU economies following the pandemic.
EU Member States have been required to submit national Recovery and Resilience Plans (RRPs), which outline their respective ...
EU Member States have been required to submit national Recovery and Resilience Plans (RRPs), which outline their respective ...
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Marine Gaudron
Coordinator – Territories Team / Officer - Economic, Social and Territorial Cohesion, Local Finances
Email :
Tel : +32 2 213 86 93
Skype : marine.gaudron
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