The Ecofin Council will formally adopt the Bulgarian and Swedish recovery plans as part of the Next Generation EU Recovery Plan (see EUROPE 12928/26) on Tuesday 3 May in a meeting by video conference.
Bulgaria. Almost 60% of the €6.3 billion in grants alone allocated to the Bulgarian plan will be aimed at promoting the climate transition in Bulgaria (see EUROPE 12813/20).
See the proposal for a decision approving the Bulgarian plan: https://aeur.eu/f/15y
See its annex: https://aeur.eu/f/15z
See the European Commission’s analysis: https://aeur.eu/f/161
Sweden. With €3.3 billion in grants alone, the Swedish recovery plan will devote 44.4% of this budget to the climate transition and 20.5% to the digital transition (see EUROPE 12921/18).
See the proposal for a decision approving the Swedish Recovery Plan: https://aeur.eu/f/10m
See its annex: https://aeur.eu/f/10n
See the European Commission’s analysis: https://aeur.eu/f/10k
The EU institution is still examining the Hungarian and Polish recovery plans. The Dutch plan has yet to be officially transmitted to the European level.
Lasting one hour and preceding the Eurogroup meeting on the Banking Union (see other news), the ministerial meeting will be exclusively devoted to these two points, an EU source said on Friday 29 April.
In an interview with the newspaper Le Soir, the European Commissioner for the Economy, Paolo Gentiloni, said that in order to tackle the challenges facing the EU, such as strategic autonomy, energy independence and European defence, the issue of common funds is justified. (Original version in French by Mathieu Bion)