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Denmark's national recovery and resilience plan (NRRP) corresponds to 0.2 % of the entire Recovery and Resilience Facility (RRF), or 0.5 % of Denmark's 2019 gross domestic product (GDP). The financial contribution from the EU totals €1625.9 million. In June 2022, the maximum RRF grant allocation available for Denmark was revised downwards, from €1551.4 million to €1 429 million (- 7.9 %). On 7 November 2023, the Council approved the amended plan, which includes a REPowerEU chapter, adding €196.7 ...

The revision of the 2021-2027 multiannual financial framework (MFF) necessitates amendments to the EU's 2024 general budget. Draft amending budget No 1/2024 (DAB 1/2024) will raise the 2024 budget by €5.83 billion in commitment appropriations and €4.14 billion in payment appropriations. The MFF headings affected are Heading 5 (Security and defence – €376 million) and Heading 6 (Neighbourhood and the world – €501 million). The new Ukraine Reserve will also be mobilised, with €4.8 billion in commitment ...

Faced with the need to provide long-term support to Ukraine and upgrade its own defence, the EU is revisiting its financing arrangements for the Common Security and Defence component.

This briefing provides background information for the Committee on Budgetary Control on the information currently available concerning the 100 largest recipients of funds from the Recovery and Resilience Facility (RRF).

In absolute figures, Italy's national recovery and resilience plan (NRRP) is the largest national plan under the ground-breaking Next Generation EU (NGEU) instrument. In December 2023, a revision brought about various changes to the plan: it is now endowed with EU resources worth €194.4 billion in grants and loans, representing 26.1 % of the Recovery and Resilience Facility (RRF), or 10.8 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU 27 GDP in 2019). A slight ...

Performance-based budgeting has latterly become integral to the governance of EU spending. This study looks at the principles behind this approach and explores how it is being implemented in Cohesion Policy and the Recovery and Resilience Facility. The analysis reveals marked differences between how performance-based budgeting functions in these two frameworks and sheds light on both benefits and drawbacks in their implementation.

The EU's Recovery and Resilience Facility (RRF) is the core component of Next Generation EU, a temporary recovery instrument that allows the European Commission to raise funds to help the economic and social recovery after the COVID-19 pandemic. By promoting the sustainable and inclusive recovery that ensures the green and digital transitions make progress, the RRF is consistent with the Commission's priorities. Belgium's initial maximum contribution to finance its national recovery and resilience ...

In absolute figures, Cyprus's amended national recovery and resilience plan (NRRP) has increased by €20 million to a total of €1.22 billion. Cyprus decided to use its allocation under the Recovery and Resilience Facility (RRF) predominantly in grants (€1 005 million), with €200.3 million in loans. In September 2023, Cyprus submitted a request to amend its NRRP, to which it added a new REPowerEU chapter, with an additional REPowerEU grant allocation of €52.5 million. It also requested to transfer ...

France's National Recovery and Resilience Plan (NRRP) is a subpart of 'France Relance', a larger recovery strategy France adopted in 2020 at national level, worth €100 billion in total (4.1 % of France's gross domestic product (GDP) in 2019). The NRRP had an initial value of €40.9 billion (total costs), while the plan as amended in 2023 is worth €41.9 billion. Under the Recovery and Resilience Facility (RRF), at the core of the Next Generation EU (NGEU) instrument, France's RRF grant allocation decreased ...

The Committee on Budgetary Control (CONT) will hold an exchange of views with the parliamentary Committees on Budget and on Anti-corruption Policies of the Ukrainian Parliament, the Verkhovna Rada, on 20 March 2024. This briefing provides background information for that debate.