February 18, 2025 (press release) –
The Council today approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by Latvia and Belgium.
According to the analysis of the Commission, the targeted modifications do not affect the relevance, effectiveness, efficiency and coherence of their recovery and resilience plans.
Latvia
On 18 December 2024, Latvia submitted targeted amendments to its recovery and resilience plan. Latvia has explained that 28 measures have been amended to implement better alternatives in order to achieve the original ambition of the measures.
The plan is worth € 1.97 billion in grants.
Belgium
On 7 January 2025, Belgium submitted targeted amendments to its recovery and resilience plan. Belgium has explained that one measure concerning the digitalisation of public administration has been amended in order to implement a better alternative that allows for the reduction of the administrative burden while still achieving the objectives of that measure.
The plan is worth € 5.28 billion in grants and loans.
Background
The RRF is the EU’s large-scale financial support programme in response to the challenges the COVID-19 pandemic has posed to the European economy. It is the centrepiece of NextGenerationEU, a temporary recovery instrument that allows the Commission to raise funds to help repair the immediate economic and social damage caused by the pandemic.
To benefit from the facility, member states must submit recovery and resilience plans (RRPs) to the Commission, setting out the reforms and investments they intend to implement by the end of August 2026.
To date, all RRPs have been approved, 86 payment requests have been received and more than €306 billion have been disbursed.
- Council implementing decision approving the assessment of the recovery and resilience plan for Latvia
- Council implementing decision approving the assessment of the recovery and resilience plan for Belgium
- A recovery plan for Europe (background information)
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