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NextGenerationEU: European Commission endorses positive preliminary assessment of Romania's request for €2.6 billion disbursement under Recovery and Resilience Facility

The European Commission has endorsed a positive preliminary assessment of Romania's first payment request for €2.6 billion, of which €1.8 billion in grants and €0.8 billion in loans, under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU.

President Von der Leyen transmitted the Commission’s assessment NextGenEU to President Klaus Iohannis and Prime Minister Florin Cîțu, ©European Union
European Union

date:  22/09/2022

See alsoNextGenerationEU: European Commission en...

On 31 May 2022, Romania submitted a payment request to the Commission based on the achievement of the 21 milestones and targets selected in the Council Implementing Decision for the first instalment. They cover reforms in the areas of sustainable transport, decarbonisation and road safety, the electricity market, the replacement of coal in the energy mix, improving tax and tax administration processes, and stepping up the fight against corruption. They also address reforms of the compulsory education system to prevent and reduce early school leaving, and of Romania's audit and control system for the implementation of the RRF. The Romanian recovery and resilience plan includes a wide range of investment and reform measures in 15 thematic components. It is worth €29.2 billion in grants and loans, 13% of which (€3.7 billion) has already been disbursed to Romania in pre-financing.