Mon. Jul 15th, 2024

The European Commission has today adopted a positive assessment of Belgium’s recovery and resilience plan. This is an important step towards the EU disbursing €5.9 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 Belgium’s recovery and resilience plan. It will play a key role in enabling Belgium to emerge stronger from the COVID-19 pandemic.

President Ursula von der Leyen said:

Today, the European Commission has decided to give its green light to Belgium’s recovery and resilience plan. NextGenerationEU will play a crucial role in financing the investments and reforms necessary to build the future we are committed to. The €5.9 billion available to Belgium will finance measures that will contribute to building a greener, more digital future for all of its citizens. The plan places a particularly strong emphasis on measures that will accelerate Belgium’s green transition, with 50% of financing directed towards achieving climate objectives. We will stand by Belgium every step of the way to ensure the vision contained in the plan is fully realised.”

A press release, Q&A and factsheet are available online.

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