EU Reporter
Published 1 month ago
The European Commission has adopted a positive assessment of Luxembourg s recovery and resilience plan. This is an important step towards the EU disbursing €93 million in grants under the Recovery and Resilience Facility (RRF). This financing will support the implementation of the investment and reform measures outlined in Luxembourg s recovery and resilience plan. It will support Luxembourg s efforts to emerge stronger from the COVID-19 pandemic.
The RRF – at the heart of NextGenerationEU – will provide up to €672.5 billion (in current prices) to support investments and reforms across the EU. The Luxembourgish plan forms part of an unprecedented coordinated EU response to the COVID-19 crisis, to address common European challenges by embracing the green and digital transitions, to strengthen economic and social resilience and the cohesion of the Single Market.
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EU Reporter
Commission approves €88.8 million budget increase for Danish scheme supporting reduction of greenhouse gas emissions from farming
Published 30 seconds ago
The European Commission has found that a budget increase of €88.8 million (DKK 660m), made available through the Recovery and Resilience Facility (RRF) for an existing Danish scheme to reduce greenhouse gas emissions from farming, is in line with EU State aid rules. The increased budget to be funded via the RRF, following the Commission s positive assessment of the Danish recovery and resilience plan and its adoption by Council, (SA.63890) is allocated to an existing Danish scheme (SA. 58791) already approved by the Commission on 21 May 2021.