The European Commission has today adopted a positive assessment of Lithuania’s recovery and resilience plan. This is an important step towards the EU disbursing €2.2 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 Lithuania’s recovery and resilience plan. It will play a key role in enabling Lithuania to emerge stronger from the COVID-19 pandemic.
President Ursula von der Leyen said: “I am delighted to present the European Commission’s positive assessment of Lithuania’s recovery and resilience plan. Lithuania’s plan focuses on investments and reforms that will accelerate its digital and green transitions. This includes substantial investments in clean energy and high-speed internet networks that will make Lithuania’s economy more sustainable, dynamic and innovative. With the support of NextGenerationEU, we can ensure that the benefits of the digital and green transitions are shared by all. We will stand by you every step of the way to ensure that your plan becomes a success.”
A press release, Q&A and factsheet are available online.