Thu. Sep 19th, 2024

Brussels, 29 April 2022

On 29 April, the Commission received the first payment request from Slovakia under the Recovery and Resilience Facility (RRF). Slovakia has sent a request to the Commission for a disbursement of €398.7 million in non-repayable financial support (net of pre-financing). Slovakia’s overall recovery and resilience plan is being financed by €6.3 billion in grants.

Slovakia’s payments under the RRF are performance-based and contingent on Slovakia implementing the investments and reforms outlined in its recovery and resilience plan. Slovakia’s first payment request relates to 14 milestones covering reforms in the areas of judicial system, higher education and R&D, fiscal framework, energy system, sustainable mobility, anti-corruption, digitalisation of public sector and the audit and control system linked to the Recovery and Resilience Facility.

The Commission now has two months to assess the request. It will then send its preliminary assessment of Slovakia’s fulfilment of the milestones and targets required for this payment to the Council’s Economic and Financial Committee (EFC). More information on the process of the payment requests under the RRF is available in this Q&A. More information on the Slovak recovery and resilience plan is available here

Forward to your friends