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NextGenerationEU: the Netherlands submits official recovery and resilience plan

The Commission received an official recovery and resilience plan from the Netherlands on 8 July.

NextGenerationEU: the Netherlands submits official recovery and resilience plan
European Union

date:  14/07/2022

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The plan sets out the reforms and public investment projects that the Netherlands plans to implement with the support of the Recovery and Resilience Facility (RRF). The RRF is at the heart of NextGenerationEU which will provide €800 billion (in current prices) to support investments and reforms across the EU. It will play a crucial role in helping Europe to emerge stronger from the crisis and secure the green and digital transitions. The Netherlands is entitled to a total of €4.7 billion in grants under the RRF. The Dutch plan is structured around six pillars: promoting green transition; accelerating the digital transformation; improving the housing market with a focus on building renovation; strengthening the labour market, pensions and future-oriented education; strengthening the public health sector and pandemic preparedness; tackling aggressive tax planning and money laundering. Projects in the plan cover the entire lifetime of the RRF until 2026 and all seven European flagship areas. The Commission will now assess the Netherlands' plan based on the eleven criteria set out in the Regulation and translate their contents into legally binding acts. The Council will have, as a rule, four weeks to adopt the Commission proposal for a Council Implementing Decision.