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On 10 July 2026, EU ministers approved a new recovery and resilience plan for Hungary. The new plan should allow for €10 billion to be disbursed to Hungary, made up of around €6.5 billion in grants and around €3.5 billion in loans.
The Council adopted implementing decisions approving targeted amendments submitted byBelgium, Poland, Portugal, Slovakia and Spain to their recovery and resilience plans.
To date, around €426 billion has been disbursed from the RRF.
Ministers approved the Commission’s positive assessment of the amended recovery and resilience plans (RRPs) submitted by Finland, Germany, Ireland, the Netherlands, Spain and Sweden.
On 12 December 2025, the Council adopted implementing decisions approving targeted amendments submitted by Austria, Cyprus, Czechia, France, Greece, Latvia, Malta, Poland, Portugal and Slovenia to their recovery and resilience plans.
On 13 November 2025, the Council adopted implementing decisions approving targeted amendments submitted byBelgium, Croatia, Estonia, Luxembourg, Romania, and Slovakia to their recovery and resilience plans.
Ministers approved the Commission’s positive assessment of the amended recovery and resilience plans (RRPs) submitted by Belgium, Italy, Lithuania, Poland, Cyprus, Malta, Croatia and Slovenia.
The estimated total cost of Belgium’s RRP amounts to €5.2 billion.
The estimated total costs for the RRP of Cyprus are €1.2 billion.
The estimated total cost of Croatia’s plan is €10 billion.
The estimated total cost of Italy’s RRP is €194.4 billion.
The estimated total cost of Lithuania’s plan is just over €3.8 billion.
The estimated total costs of Malta's RRP are €336 million.
Poland’s estimated total costs under the plan amounts to almost €60 billion.
The estimated total costs for the Slovenian plan are €2.2 billion.
Council greenlights the amended plans of the Netherlands, Portugal, Slovakia and Spain
The Council today approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by the Netherlands, Portugal, Slovakia and Spain.
The Netherlands’ plan is now worth €5.4 billion
Portugal’s plan is now worth €22 billion in grants and loans
Slovakia’s plan is now worth €6.4 billion
Spain’s plan is now worth €163 billion in grants and loans
Ireland’s and Belgium’s amended plans greenlighted
On 11 March 2025, the Council approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by Ireland and Belgium.
The estimated total cost of Ireland’s plan is €1.16 billion.
The estimated total cost of Belgium’s plan is €5.28 billion.
On 18 February 2025, the Council approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by Latvia and Belgium.
Latvia's plan is now worth €1.97 billion in grants
Belgium's plan is worth €5.3 billion in grants and loans
Council greenlights the amended plans of Greece, Cyprus and Spain
The Council has approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by Greece, Cyprus and Spain.
Cyprus' plan is now worth €1.2 billion in grants and loans. Spain's plan is worth €163 billion in grants and loans. Greece's plan is worth €36.6 billion in grants and loans.
Council greenlights the amended plans of Sweden, Slovenia, Denmark and Belgium
The Council today approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by Sweden, Slovenia, Denmark and Belgium.
Sweden’s plan is now worth €3.5 billion in grants. Slovenia’s plan is now worth €2.7 billion in grants and loans. Denmark’s plan in now worth €1.8 billion in grants. Belgium’s plan is now worth €5.3 billion in grants and loans.
Ministers approved the Commission’s positive assessment of Italy’s amended recovery and resilience plan.
The plan is worth €194.4 billion in grants and loans.
Italy’s initial plan was first greenlighted by the Council on 13 July 2021 and has since been amended three times, in particular to add a new REPowerEU chapter in 2023.
The Council today approved the Commission’s positive assessment of Germany’s amended recovery and resilience plan. The amended plan now includes a new REPowerEU chapter worth €2.3 billion.
This will contribute to accelerating Germany’s transition towards clean energy by increasing the share of renewables in the German energy mix.
The plan is now worth €30.3 billion in grants and covers 17 reforms and 28 investments.
The Council has approved the Commission’s positive assessment of Ireland’s amended recovery and resilience plan. The amended recovery and resilience plan now includes a new REPowerEU chapter.
This will contribute to accelerating Ireland’s transition towards clean energy, diversifying their energy supplies and improving their energy efficiency.
Council approves targeted amendments to Italy's recovery and resilience plan
The Council adopted an implementing decision approving Italy’s amended recovery and resilience plan (RRP).
The amendments to Italy’s national plan affects a number of measures, including energy efficiency incentives under the ‘Superbonus', an increase in the number of childcare facilities, the development of the space industry and the film industry, and sustainable transport, among other things.
The estimated total cost of the amended RRP remains unaltered at €191.5 billion.
Ministers adopted an amending implementing decision on the recovery and resilience plan of Finland.
The plan has been amended to reflect the updated maximum financial contribution which the European Commission published on 30 June 2022, to take into account changes in real gross domestic product (GDP) over time.
According to the Commission, the modification does not affect the relevance, effectiveness, efficiency or coherence of the country’s recovery plan.
The Council formally adopted an amending regulation to include REPowerEU chapters in the Recovery and Resilience Facility. REPowerEU aims to strengthen the EU’s strategic autonomy by diversifying its energy supplies and by ending its dependency on Russian fossil fuel imports.
Member states will be able to add specific REPowerEU chapters to their national recovery and resilience plans under NextGenerationEU in order to finance key investments and reforms.
Parliament and Council had reached a provisional agreement on the legislative proposal on 14 December 2022.
The Council adopted an amending implementing decision which updates the recovery and resilience plan for Germany.
The update was of a technical nature. It concerns two measures in the German national plan, one related to the digitalisation of rail, and the other to research and development of vaccines.
The Recovery and Resilience Facility’s maximum financial contribution for non-repayable financial support for each member state was updated on 30 June 2022. On 9 December 2022, Germany submitted an update to its plan to the Commission in order to take into account changes to two measures which had been made due to objective circumstances.
Council adopts update to Luxembourg’s national plan
The Council adopted an amending implementing decision as regards the recovery and resilience plan for Luxembourg.
The update was of a technical nature. Its purpose was to take into account the updated reduced maximum financial contribution (€82.7 million instead of €93.3 million).
Over the course of 2023, it is expected that each of the 27 member states will request an implementing decision concerning updates to its national recovery and resilience plan at least once, in order to access the new REPowerEU grants, or to request available loans, or to take into account the updated RRF allocation.
The Council adopted its implementing decision which approves the Commission’s assessment of Hungary’s recovery and resilience plan.
Following the formal adoption of the decision, Hungary will be able to use the facility’s funds up to a total allocation of €5.8 billion in grants. This financing will enable Hungary to foster its economic recovery from the COVID-19 pandemic and finance the green and digital transitions.
Negotiators of the Council and the European Parliament reached a provisional agreement on the REPowerEU proposal which aims to strengthen the strategic autonomy of the EU by diversifying energy supplies and boosting the independence and security of the Union’s energy supply.
Member states will be able to add a new REPowerEU chapter to their national recovery and resilience plans (RRPs) under NextGenerationEU, in order to finance key investments and reforms which will help achieve the REPowerEU objectives.
The provisional agreement will now be submitted to both institutions for endorsement.
The Council adopted the implementing decision on the approval of the Netherlands' national recovery and resilience plan.
As a result, the Netherlands will be able to receive up to €4.7 billion in grants to recover from the COVID-19 pandemic and invest in a greener, more digital and more competitive economy.
Recovery fund: ministers welcome assessment of Poland's national plan
The Council welcomed the assessment of the Polish national recovery and resilience plan.
Following the formal adoption of the decision, Poland will be able to use the facility’s funds up to a total allocation of €35.4 billion in order to foster its economic recovery from the COVID-19 pandemic.
The Recovery and Resilience Facility is the EU’s programme of large-scale financial support in response to the challenges the pandemic has posed to the European economy.
Recovery fund: ministers welcome assessment of national plans for Bulgaria and Sweden
The Council welcomed the assessment of national recovery and resilience plans for Bulgaria and Sweden.
Following the formal adoption of the decisions, these two member states will be able to use the facility’s funds to foster their economic recovery from the COVID-19 pandemic.
Bulgaria’s recovery and resilience plan consists of €6.3 billion in grants, and Sweden’s recovery and resilience plan consists of €3.3 billion in grants.
Estonia, Finland and Romania recovery plans get go-ahead
The Council adopted three implementing decisions on the approval of national recovery and resilience plans, following a written procedure.
Three more countries - Estonia, Finland and Romania - can now start implementing reforms and investments, to boost their economies and recover from the COVID-19 fallout.
The adoption of the implementing decisions allows the countries to sign a grant agreement with the Commission and receive 13% in pre-financing.
The Council adopted the third batch of implementing decisions on the approval of national recovery and resilience plans, allowing two more EU countries - Czechia and Ireland - to start implementing reforms and making investments.
Czechia can sign a grant agreement with the Commission and receive 13% in pre-financing. Ireland did not ask for a part of its allocated funds to be frontloaded.
Green light for EU recovery funds given to four more EU countries
The Council adopted the second batch of implementing decisions on the approval of national recovery and resilience plans.
Four more EU countries – Croatia, Cyprus, Lithuania and Slovenia – got the green light for the use of EU recovery and resilience funds to boost their economies and recover from the COVID-19 fallout.
The adoption of Council implementing decisions approving the Commission assessment of the plans permits the member states to sign grant and loan agreements that will allow for up to 13% pre-financing.
Green light for first EU recovery funds to reach 12 EU countries
EU economic and finance ministers adopted the first batch of Council implementing decisions on the approval of national recovery and resilience plans.
12 EU countries - Austria, Belgium, Denmark, France, Germany, Greece, Italy, Latvia, Luxembourg, Portugal, Slovakia and Spain - have got the green light for the use of EU recovery and resilience funds to boost their economies and recover from the COVID-19 fallout.
The adoption of Council implementing decisions on the approval of the plans permits the member states to sign grant and loan agreements that will allow for up to 13% pre-financing.
EU leaders review the state of play on the implementation of the EU's recovery plan
At the European Council meeting in Brussels, EU leaders welcomed the timely entry into force of the own resources decision, which enabled the European Commission to start borrowing to support an inclusive recovery and the green and digital transitions.
Leaders underlined the importance of full and timely implementation of the national recovery and resilience plans while protecting the financial interest of the EU. They also encouraged the Commission and the Council to take the work on the plans' approval forward to enable member states to use the recovery funding to its full potential.
Council reviews first recovery and resilience plans
The European Commission has issued positive assessments of the recovery and resilience plans of Austria, Belgium, Denmark, France, Germany, Greece, Italy, Latvia, Luxembourg, Portugal, Slovakia and Spain. On the basis of the Commission's proposal, the Council is now reviewing the plans.
Economic and finance ministers are expected to adopt the first batch of recovery and resilience plans by means of implementing decisions during their meeting on 13 July 2021.
2021
31 May
Green light from all member states for EU recovery spending
The Council has received formal notifications about the approval of the "own resources" decision from all 27 member states. National ratifications being completed, the EU can start making fundsavailable under the Recovery and Resilience Facility. With a financial envelope of €672.5 billion, the facility is the central part of Next Generation EU, the EU instrument for economic recovery from the COVID-19 pandemic.
After adopting the "own resources" decision on 14 December 2020, the EU Council completed the list of received formal notifications on 31 May 2021. For the decision to enter into force, member states had to approve it in line with their constitutional requirements.
The Council gave its final green light to the adoption of the cohesion package for the financial period 2021-2027.
The package is a set of regulations governing the structural and investment funds, which amount to more than €330 billion (in 2018 prices) or nearly one third of the EU’s long-term budget. The funds will finance regional and local projects designed to reduce economic and social disparities between member states and regions, while boosting a sustainable recovery from the pandemic by investing in green and digital priorities.
First recovery and resilience plan officially submitted
Portugal was the first country to officially submit its plan setting out the reforms and public investment projects that the country wants to implement with the support of the Recovery and Resilience Facility (RRF).
Research and innovation in the recovery and resilience plans: investments and reforms
During the informal video conference, ministers held a policy debate on how the Recovery and Resilience Facility (RRF) can contribute to the further development of the European Research Area (ERA).
Ministers stressed that the COVID-19 pandemic has revealed the importance of research and innovation in the fight against the current health and economic crisis, as well as its potential to prevent vulnerabilities in future crises. Moreover, it was widely acknowledged that research and innovation are crucial in achieving the green and digital transitions.
Research and innovation spearhead efforts towards economic recovery from the COVID-19 crisis. They can not only spur economic activity but also accelerate the green and digital transitions and strengthen the resilience of our economy. The Recovery and Resilience Facility offers a unique opportunity to strengthen the European Research Area and to make it more impactful - and vice-versa.
Manuel Heitor, Portuguese Minister for Science and Technology and Higher Education
Ministers discuss synergies between national recovery and resilience plans and the industrial policy
Ministers held a policy debate on how national recovery and resilience plans can best be used as an instrument for delivering on industrial policy goals by strengthening:
the Single Market
the twin transitions
the strategic autonomy in an open EU
Ministers broadly agreed that the Competitiveness Council should play a prominent role in the implementation of the Recovery and Resilience Facility and that it should provide coordination and guidance in the investments to be made.
It was stressed that a well-functioning Single Market and fair competition are the main preconditions for Europe to come out stronger and more resilient from the COVID-19 crisis. Ministers underlined the importance of ensuring the free flow of goods and services for the smooth functioning of the Single Market. They stressed the need for coordination between member states before establishing temporary control measures at the internal borders within the EU.
The Council adopted on 11 February 2021 the regulation establishing the Recovery and Resilience Facility (RRF). The €672.5 billion facility - the heart of the Next Generation EU recovery instrument - will help member states address the economic and social impact of the COVID-19 pandemic.
The Recovery and Resilience Facility is designed to also ensure support for the green and digital transitions, enabling EU countries' economies to become more sustainable and resilient.
In order to receive support from the Recovery and Resilience Facility, EU countries plans are asked to set out a coherent package of projects, reforms and investments in six policy areas:
the green transition
digital transformation
smart, sustainable and inclusive growth and jobs
social and territorial cohesion
health and resilience
policies for the next generation, including education and skills
EU countries have until 30 April 2021, as a rule, to submit their national recovery and resilience plans setting out their reform and investment agendas until 2026.
Council and Parliament reach provisional agreement on the Recovery and Resilience Facility
The German presidency of the Council and the European Parliament's negotiators reached a provisional agreement on the Recovery and Resilience Facility. With a financial envelope of €672.5 billion (2018 prices), the facility is the centrepiece of the Next Generation EU recovery instrument.
The provisional agreement covers a number of elements, including:
the scope of the facility
horizontal principles
general eligibility rules for the national recovery and resilience plans
the elements to be provided in each plan
the assessment criteria used by the Commission
At least 37% of each plan’s allocation has to support the green transition and at least 20% the digital transformation.
The provisional agreement will now be submitted to both institutions for endorsement.
Multiannual financial framework for 2021-2027 adopted
Following the European Parliament's consent on 16 December 2020, the Council adopted the regulation laying down the EU's multiannual financial framework (MFF) for 2021-2027.
The regulation provides for a long-term budget of €1 074.3 billion for the EU27 in 2018 prices, including the integration of the European Development Fund. Together with the Next Generation EU recovery instrument of €750 billion, it will allow the EU to provide an unprecedented €1.8 trillion of funding over the coming years to support recovery from the COVID-19 pandemic and the EU's long-term priorities across different policy areas.
Council approves conclusions on making the recovery circular and green
The Council approved conclusions aiming at providing comprehensive political guidance on the broad range of actions foreseen in the circular economy action plan, adopted by the Commission. The conclusions highlight the role of the circular economy in the recovery from COVID-19 and make a link to digitalisation, underlining its importance for achieving the full potential of the circular economy.
The conclusions aim to strike a balance between an ambitious approach and the need to consider a broad range of issues, including the different starting points of Member States, when implementing the various actions foreseen in the circular economy plan.
Council moves to finalise adoption of MFF and recovery package
The Council adopted a set of decisions on legislative acts forming part of the package and laying down the EU's budgetary framework for the coming years. The decisions follow the European Council meeting on 10-11 December, as a result of which all member states could support the package.
The EU institutions can now finalise the procedures for the adoption of the multiannual financial framework for 2021-2027 and the recovery package.
Presidency and Parliament reach political agreement on REACT-EU
The German Presidency of the Council and the European Parliament reached a political agreement on REACT-EU, an emergency legislative initiative to release €47.5 billion through the structural funds to the member states and regions hardest hit by the COVID-19 pandemic. This additional funding, which is part of the EU's recovery effort, Next Generation EU (NGEU), will be available over two years:
€37.5 billion in 2021
€10 billion in 2022
REACT-EU, which stands for Recovery Assistance for Cohesion and the Territories of Europe, is intended primarily to support health services, jobs and small and medium-sized enterprises while stimulating the twin green and digital transitions.
MFF: Council presidency reaches political agreement with the European Parliament
The German presidency of the Council reached a political agreement with the European Parliament’s negotiators in talks aimed at securing the Parliament's consent to the next multiannual financial framework, the EU’s long-term budget.
The agreement complements the financial package of €1 824.3 billion negotiated by EU leaders in July, which combines the next multiannual financial framework – €1 074.3 billion – and a €750 billion temporary recovery instrument, Next Generation EU (in 2018 prices).
With the regard to the recovery plan, the package agreed with the Parliament foresees greater involvement of the budgetary authority in the oversight of revenue under Next Generation EU.
The deal will be submitted to member states for endorsement together with the other elements of the next multiannual financial framework and recovery package.
Capital Markets Recovery Package: Council agrees its position
Member states' ambassadors to the EU agreed the Council's position on the Capital Markets Recovery Package. The package contains targeted amendments to the EU capital market rules to:
help EU companies raise capital on public markets
support the lending capacity of banks
boost investment in the real economy
The Commission presented the package on 24 July 2020 as part of the EU's overall coronavirus recovery strategy. It was subsequently taken forward as a key priority in the Council.
Recovery and Resilience Facility: political agreement on Council position
Ministers reached a political agreement on the Recovery and Resilience Facility, the main instrument of the €750 billion recovery package negotiated by EU leaders at their meeting on 17-21 July.
The political agreement will be formalised by the Permanent Representatives Committee as a mandate for negotiations with the European Parliament.
Eurogroup to focus on recovery and long-term growth
The Eurogroup adopted its work programme until June 2021, with a focus on economic recovery and long-term growth.
Ministers also discussed policy priorities for the eurozone in the context of the recovery.
The Eurogroup will continue to lead the euro area economy towards an inclusive recovery that benefits all citizens and to work on the strengthening of the Economic and Monetary Union.
Paschal Donohoe, President of the Eurogroup
Single market and digital transformation as pillars of EU recovery
EU leaders agreed that at least 20% of the funds under the Recovery and Resilience Facility will be made available for the digital transition, including for small and medium-sized enterprises (SMEs). Together with the amounts under the EU long-term budget, these funds should help advance objectives such as:
fostering the European development of the next generation of digital technologies, including supercomputers, quantum computing, blockchain, etc.
developing capacities in strategic digital value chains, especially microprocessors
speeding up the deployment of high capacity and secure network infrastructure, including fibre and 5G
enhancing the EUʼs ability to protect itself against cyber threats
making use of digital technologies to reach the ambitious environmental goals
Council sets priorities for future single market policy
The Council adopted conclusions on the role of a deepened and fully functioning single market for a strong economic recovery and a competitive and sustainable European Union.
The Council welcomed the long-term action plan and communication on barriers to the single market, presented as part of the European Commission's industrial strategy package of March 2020.
It requested the Commission to assess the resilience of the single market drawing lessons from the COVID-19 crisis. This assessment should be included a report to be presented by 15 January 2021.
EU leaders agreed a deal on the recovery package and the European budget for 2021-2027
Meeting physically in Brussels, EU leaders agreed on a €750 billion recovery effort to help the EU tackle the crisis caused by the COVID-19 pandemic and on a €1074 billion long-term EU budget for 2021-2027.
It was the first in-person summit of EU leaders since the outbreak of the pandemic.
We have reached a deal on the recovery package and the European budget. These were, of course, difficult negotiations in very difficult times for all Europeans. A marathon which ended in success for all 27 member states, but especially for the people. This is a good deal. This is a strong deal. And most importantly, this is the right deal for Europe, right now.
Charles Michel, President of the European Council
President Michel presents new negobox ahead of 17-18 July summit
European Council President Charles Michel presented his new proposal for the long-term EU budget and the recovery package, the so-called negobox. This proposal will serve as a basis for the leaders’ discussions at the Special European Council on 17-18 July 2020.
The goals of our recovery can be summarised in three words: first convergence, second resilience and transformation. Concretely, this means: repairing the damage caused by COVID-19, reforming our economies, remodelling our societies.
Charles Michel, President of the European Council
Proposal for an EU recovery plan – key features (infographic)
2020
25 June
Council conclusions: towards an affordable, competitive and sustainable energy system
The Council adopted conclusions highlighting the crucial role of the energy sector in the EU's economic recovery. Ministers underlined that the necessary economic transformation towards sustainable growth and climate neutrality will gradually reduce the use of fossil fuels and further promote European leadership in developing low-carbon technologies while respecting the member states' right to choose their energy mix.
The Council acknowledged the need for initiatives to support a robust recovery plan, towards an affordable, safe, competitive, secure and sustainable energy system.
Environment ministers: EU Green Deal should guide COVID-19 recovery
EU environment and climate ministers held a policy debate on the contribution of environmental and climate policies to the recovery from the COVID-19 pandemic. They agreed that the European Green Deal should guide the recovery towards green growth and a more resilient EU.
We want to build a modern, clean and healthy economy, which will help to secure the livelihoods of the next generations. The recovery plan can help kick-start Europe's economy after the Covid-19 crisis, and it can at the same time boost Europe's sustainability and climate action.
Tomislav Ćorić, Minister of Environment and Energy of Croatia
President Michel to prepare the ground for decision on recovery plan and long-term EU budget
EU leaders discussed via video conference the 2021-2027 EU budget and a recovery plan to respond to the COVID-19 crisis. European Council President Michel indicated his intention to hold an in-person summit around the middle of July, and to table a proposal ahead of the meeting.
In the first three weeks after the publication of the proposals of the Commission, we had the opportunity to consult the member states to find clarity on the interpretation of those proposals. Now we shift to another phase: we will negotiate. I welcome the readiness to engage. We are aware that it is essential to take a decision as soon as possible.
Charles Michel, President of the European Council
Health ministers discuss proposal for new, reinforced EU4Health programme
EU ministers for health held a first exchange of views on the European Commission's proposal for a regulation establishing the fourth Health programme (EU4Health programme) for the period 2021-2027.
Ministers broadly welcomed the new EU4Health programme and its objectives. The programme is designed to make a significant contribution to the post-COVID-19 recovery, with a focus on strengthening the resilience of health systems, and promoting innovation in the health sector.
The budget of the new programme is expected to be about 25 times higher than the current Health programme (worth about €450 million for the period 2014-2020).
Ministers discuss how the recovery fund will support reform and investment
Ministers for economics and finance highlighted the importance of using funds to ensure a sustainable recovery and achieve common policy objectives such as a green and digital transition.
They discussed the relation of the European Semester with the recovery plan, as well as the assessment of national investment and reform needs. They stressed the need to:
Council conclusions: shaping Europe’s digital future
The Council adopted conclusions addressing a wide range of issues related to the implementation of the EU digital strategy. The text highlights the impact of the digital transformation on fighting the pandemic and its critical role in the post-COVID-19 recovery.
The COVID-19 pandemic and its consequences on our lives and economies have highlighted the importance of digitisation across all areas of the economy and society in the EU. New technologies have helped us all to stay connected, to work from our homes and to facilitate our children’s distance learning. They have been instrumental in keeping our businesses and public services running.
Oleg Butković, Croatian Minister for the Sea, Transport and Infrastructure, presidency of the Council
President Michel calls for European Council to discuss recovery plan proposal
On 27 May 2020, the European Commission issued its proposal for a recovery fund and an updated EU long term budget, the multiannual financial framework (MFF) for 2021-2027.
The President of the European Council issued a statement indicating he would consult with member states ahead of the next European Council scheduled for 19 June. In parallel, the Council would analyse and assess the proposal.
EU leaders agree to work towards establishing a recovery fund
During the video conference of the members of the European Council, EU leaders decided to work towards establishing a recovery fund.
They tasked the European Commission to urgently come up with a proposal, which would also clarify the link between the fund and the EU's long term budget.
Presidents Michel and von der Leyen present a joint roadmap for recovery
European Council president Charles Michel and European Commission President Ursula von der Leyen presented a joint roadmap for recovery. The document set out principles and identified four key areas for action to overcome the crisis and move forward.
Recovery fund: the EU delivers (infographic)
The Eurogroup will continue to lead the euro area economy towards an inclusive recovery that benefits all citizens and to work on the strengthening of the Economic and Monetary Union.
Towards a digital Europe (infographic)
We have reached a deal on the recovery package and the European budget. These were, of course, difficult negotiations in very difficult times for all Europeans. A marathon which ended in success for all 27 member states, but especially for the people. This is a good deal. This is a strong deal. And most importantly, this is the right deal for Europe, right now.
The goals of our recovery can be summarised in three words: first convergence, second resilience and transformation. Concretely, this means: repairing the damage caused by COVID-19, reforming our economies, remodelling our societies.
Proposal for an EU recovery plan – key features (infographic)