Recovery fund: ministers welcome assessment of four more national plans
Economy and finance ministers today welcomed the assessment of national recovery and resilience plans for
Croatia, Cyprus, Lithuania and Slovenia. The Council will adopt its implementing decisions on the approval of these plans by written procedure shortly after the informal ministers' meeting held today.
Following the formal adoption of the decisions, this
second batch of member states will be able to use the facility's funds to foster their economic recovery from the COVID-19 pandemic. All four member states requested pre-financing from their allocated funds, which will be disbursed after the signing of bilateral grant and loan agreements.