On Thursday 30 June, the European Commission adjusted the distribution key for grants to Member States under the Recovery and Resilience Facility (RRF), the budgetary instrument at the heart of the Next Generation EU recovery plan.
The European Council agreement of 21 July 2021 provided for 70% of the budgetary allocation of the RRF to be distributed in 2021 and 2022 according to criteria such as population, national GDP and the evolution of unemployment over the period 2015-2019 (see EUROPE 12532/2). For the remaining 30% to be committed in 2023, this unemployment criterion is replaced by the fall in national GDP in 2020 and its cumulative fall over 2020-2021, at the request in particular of the Central and Eastern European countries, for which the initial allocation of resources did not sufficiently reflect the economic impact of the pandemic.
For example,here are the maximum grant allocations for the five countries with the largest envelopes: - Spain: €77,23 billion; - Italy: €69.04 billion; - France: €37.46 billion; - Poland: €22.53 billion; - Germany: €17.43 billion.
In order to enter into force, changes in the allocation of grants will have to be reflected in an EU Council implementing decision updating the Member States concerned.
See all updated allocations of the RRF grants component: https://aeur.eu/f/2g0 (Original version in French by Mathieu Bion)