Brussels, 22 December 2023
The Commission received payment requests under the Recovery and Resilience Facility from four Member States – Croatia, Denmark and Malta on 21 December, as well as from Latvia today.
Croatia’s fourth payment request is worth €162.5 million in grants (net of pre-financing) and concerns a total of 9 milestones and 7 targets. This payment request covers transformative reforms and important investments in the areas including public health, education, energy, research and innovation and public administration. Croatia’s overall recovery and resilience plan will be financed by €5.8 billion in RRF grants and €4.2 billion in RRF loans.
Denmark’s second payment request is worth €422 billion in grants (net of pre-financing) and concerns a total of 6 milestones and 12 targets. This payment request covers transformative reforms and important investments in areas including digitalisation of healthcare administration, energy efficiency, cybersecurity, healthcare, as well as research and innovation for the green transition. Denmark’s overall recovery and resilience plan will be financed by €1.6 billion in grants.
Latvia’s second payment request is worth €335.7 million in grants (net of pre-financing) and concerns a total of 40 milestones and 3 targets. This payment request covers transformative reforms in the areas of green and digital transition, economic transformation, health, rule of law and the reduction of inequality. Latvia’s overall recovery and resilience plan will be financed by €1.97 billion.
Malta’s second payment request is worth €58.9 million in grants (net of pre-financing) and concerns a total of 29 milestones and 5 targets. This payment request covers transformative reforms and important investments in areas including construction industry, waste management, sustainable mobility, healthcare, training in information technology, life-long learning, inclusive education, capacity of judiciary, anti-corruption, anti-money laundering, and corporate taxation as well as energy efficiency in private and public, electrification of private and public transport, digitalisation of businesses and workplaces. Malta’s overall recovery and resilience plan will be financed by €328.2 million in grants.
Payments under the RRF are performance-based and contingent on Croatia, Denmark, Latvia and Malta implementing the reforms and investments outlined in their recovery and resilience plans. The Commission will now assess the requests and will then send its preliminary assessments of the fulfilment of the milestones and targets required for this payment to the Economic and Financial Committee.
More information on the process of the payment requests under the RRF is available in this Q&A. More information on the recovery and resilience plans of Cyprus, Romania and Slovakia can be found here.
Source – EU Commission