The European Commission has today adopted a positive assessment of Latvia’s recovery and resilience plan. This is an important step towards the EU disbursing €1.8 billion in grants under the Recovery and Resilience Facility (RRF). This financing will support the implementation of the crucial investment and reform measures outlined in Latvia’s recovery and resilience plan. It will play a key role in enabling Latvia emerge stronger from the COVID-19 pandemic.
President Ursula von der Leyen said:
“Today, the European Commission has decided to endorse Latvia’s recovery and resilience plan, under NextGenerationEU – our unprecedented recovery plan. Securing Latvia’s green and digital transition requires investment and reform. The measures contained in the plan have enormous potential to transform Latvia and help it build a green and digital future for its citizens. I am proud that NextGenerationEU will help build a better live for Latvian citizens.”
A press release, Q&A and factsheet are available online.