The bulk of the proposed recovery measures will be powered by a new temporary recovery instrument Next Generation EU with financial firepower of €750 billion. It is built on three pillars:

  • instruments to support Member State efforts to recover, repair and emerge stronger from the crisis
  • measures to boost private investment and support ailing companies 
  • the reinforcement of key EU programmes to draw the lessons of the crisis and make the single market stronger and more resilient and accelerate the twin green and digital transitions.

The distribution of funds between the different elements is detailed below.

EU stars Pillar 1: Supporting Member States to recover

 
  Next Generation EU / TOTAL (including possible EU budget financing)
Recovery and Resilience Facility 560.0 / 560.0
of which GRANTS 310.0 / 310.0
of which LOANS** 250.0 / 250.0
REACT-EU** 50.0 / 55.0*
Rural development** 15.0 / 90.0
Just Transition Fund 30.0 / 40.0

Total Pillar 1 

405 grants     250 loans

 

hand and building Pillar 2: Kick-starting the economy and helping private investment

 
  Next Generation EU / TOTAL (including possible EU budget financing)
Solvency Support Instrument 26.0 / 31.0*
InvestEU*** 15.3 / 16.6
Strategic Investment Facility 15.0 / 15.0

Total Pillar 2 (according to the needs) 

56.3 provisioning for guarantees

 

 

paper with a list Pillar 3: Learning the lessons from the crisis

 
  Next Generation EU / TOTAL (including possible EU budget financing)
Health programme 7.7 / 9.4
rescEU 2.0 / 3.1
Horizon Europe 13.5 / 94.4
Neighbourhood, Development and International Cooperation 10.5 / 86.0
Humanitarian Aid 5.0 / 14.8

Total Pillar 3 (according to the needs) 

38.7 grants of which 10.5 provisioning for guarantees

 

 

Grants

of which provisioning for guarantees

500

66.8

Loans 250.0
TOTAL 750

* €5 billion out of total of €55 billion for REACT-EU and  €5 billion out of  €31 billion for the Solvency Support Instrument are under MFF 2014-2020 
 ** The national allocations are not currently available. *** For the four policy windows already agreed by the co-legislators;  Including 1.5 billion for the capital increase of the European Investment Fund

All amounts in EUR billion

 

Next Generation EU will be composed of grants, including provisioning for guarantees, and loans. The tables below describe the grant component per country for the Recovery and Resilience Facility as well as for the Just Transition Fund as financed under Next Generation EU.

 

Recovery and Resilience Facility

National allocations
(all amounts in EUR million 2018 prices)

Just Transition Fund

National allocations 

(all amounts in EUR million, 2018 prices)

Austria

Austrian flag

2,950 212

Belgium

Belgian flag

4,821 285

Bulgaria

Bulgarian flag

6,131 2,020

Croatia

Croatian flag

6,125 290

Cyprus

cyprus

1,082 158

Czechia

Czech flag

4,678 2,560

Denmark

Danish flag

1,723 139

Estonia

Estonian flag

1,004 552

Finland

flag of Finland

2,196 726

France

French flag

32,167 1,606

Germany

Germany

21,545 3,864

Greece

Greek file

17,874 1,294

Hungary

hungary

6,136 407

Ireland

Irish flag

1,209 132

Italy

Italian flag

63,380 1,606

Latvia

latvia

2,170 299

Lithuania

Lithuanian flag

2,766 426

Luxembourg

Luxembourg flag

101 14

Malta

malta

226 36

Netherlands

Dutch flag

5,197 972

Poland

Polish flag

26,808 6,000

Portugal

Portuguese flag

12,905 349

Romania

Romanian flag

13,505 3,337

Slovenia

slovenia

1,693 403

Slovakia

slovakia

6,140 716

Spain

Spanish flag

61,618 1,355

Sweden

sweden

3,849 243
TOTAL 310,000 30,000

 

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