Recovery and Resilience Facility: Where do we stand?

The European Commission published its annual report on the implementation of the Recovery and Resilience Facility (RRF).

The RRF is a temporary recovery instrument established by the European Union to help Member States mitigate the consequences of the coronavirus pandemic. To benefit from this financial support, Member States are asked to submit their recovery and resilience plans to the European Commission, in which they must indicate the reforms they intend to implement by the end of 2026.

Reforms should foresee actions in the fields covered by the RRF ("the so-called 6 pillars") namely green transition, digital transformation, smart, sustainable and inclusive growth, social and territorial cohesion, health, economic, social and institutional resilience and policies for next generation.

For more information on the status implementation of the RRF across Europe, please consult the report here.