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Image header Agence Europe
Europe Daily Bulletin No. 13213
Contents Publication in full By article 21 / 32
ECONOMY - FINANCE - BUSINESS / Economy

Czech Republic and Lithuania submit revised recovery plan

The Czech Republic and Lithuania presented, on Friday 30 June, a revised recovery plan designed to include a ‘REPowerEU’ chapter aimed at accelerating the climate and digital transitions and reducing dependence on Russian hydrocarbons.

Czech Republic. The ‘REPowerEU’ chapter of the revised Czech plan aims to streamline the authorisation procedures for renewable energy production projects and improve the transparency of connections to the electricity grid. It provides for investment in energy efficiency in buildings and in the rail network. In addition, the Czech authorities want to reform social services and increase investment in education.

As revised, the Czech plan will be worth €14.4 billion, including €5.8 billion in loans (see EUROPE 12784/1).

For more information on the Czech recovery plan (in Czech): https://aeur.eu/f/7uj

Lithuania. The 'REPowerEU' chapter of the revised Lithuanian recovery plan aims to facilitate investment in renewable energies and will support the energy renovation of residential buildings. Other investments and reforms concern strengthening the country’s cybersecurity and the reduction of the administrative burden for businesses.

As amended, the Lithuanian plan will be worth €4 billion, including €1.7 billion in loans.

For more information on the revised Lithuanian plan: https://aeur.eu/f/7ul (Original version in French by Mathieu Bion)

Contents

EUROPEAN COUNCIL
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE
EXTERNAL ACTION
EDUCATION - YOUTH
NEWS BRIEFS