NextGenerationEU: Commission disburses first payment of €2.6 billion to Romania under the Recovery and Resilience Facility
date: 10/11/2022
See also: Press release
The payment was made possible by Romania's fulfillment of the 21 milestones and targets linked to the first instalment. They cover several reforms contributing to the digital transition, as well as in the areas of sustainable mobility, decarbonisation, audit and control, education and health, and preliminary steps in tax and pension reforms. Measures to support businesses and to ensure the country's good governance are also included. As for all Member States, payments under the RRF, the key instrument at the heart of NextGenerationEU, are performance-based and contingent on Romania implementing the investments and reforms outlined in its Recovery and Resilience Plan. The overall Recovery and Resilience Plan of Romania will be financed by €12.1 billion in grants and €14.9 billion in loans. The amounts of payments made to Member States are published on the Recovery and Resilience Scoreboard, which shows the progress made in implementing the RRF as a whole and individual recovery and resilience plans.