The European Commission has issued a Communication outlining the progress and future steps for the Recovery and Resilience Facility (RRF), part of the NextGenerationEU initiative. This guidance aims to ensure that Member States meet their milestones by August 31, 2026, with final payments from the Commission due by December 31, 2026. Over €335 billion in funding remains available, emphasizing the need for accelerated implementation.
Member States are encouraged to streamline their recovery plans and prepare final payment requests for 2026. They should review these plans to include only measures achievable by the deadline and consider alternative options for utilizing remaining funds. The guidance offers a structured approach to this task.
Launched in response to the COVID-19 pandemic in 2021, the RRF has been instrumental in supporting investments and reforms across Europe. To date, more than €315 billion has been disbursed following over 2,000 achieved milestones and targets.
Looking ahead, Member States must revise their national plans swiftly to ensure compliance with all criteria set out in the RRF Regulation. The Commission will assist throughout this process.
To expand options for Member States, the Commission urges swift legislative action on the European Defence Industry Programme (EDIP) Regulation by both the European Parliament and Council. This would allow RRF-supported voluntary contributions to EDIP.
The RRF is a temporary instrument designed to mitigate economic and social impacts of COVID-19 while fostering green and digital transitions. Funds are raised through EU-issued bonds on capital markets.
For further details or inquiries:
Maciej Berestecki
Spokesperson
Phone: +32 2 29 66483
Email: [email protected]
Rüya Perincek
Press Officer
Phone: +32 2 29 94903
Email: [email protected]
