NextGenerationEU: Two years on since its adoption, the Recovery and Resilience Facility continues to be a central driver of the EU’s green and digital transformation

On 21 February, The European Commission has adopted a Communication marking the two-year anniversary of the creation of the Recovery and Resilience Facility (RRF), the key instrument at the heart of the EUR 800 billion NextGenerationEU recovery plan for Europe.

The Communication takes stock of the concrete results achieved so far through the RRF’s unprecedented double-push for green and digital reforms and investments in Member States. It also outlines further steps for supporting the continued successful implementation of national recovery and resilience plans. The annexes to the Communication clarify certain technical aspects of the way in which the Commission assesses Member States’ progress.

Source: European Commission I Digital (https://bit.ly/3IY9Dfm)