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NextGenerationEU: European Commission endorses Cyprus s €1 2 billion recovery and resilience plan – The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology
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NextGenerationEU: European Commission endorses Cyprus s €1 2 billion recovery and resilience plan
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Summer 2021 Economic Forecast: Reopening fuels recovery | EU Commission Press
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Summer 2021 Economic Forecast: Reopening fuels recovery
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The European Commission has today adopted a positive assessment of Lithuania’s recovery and resilience plan. This is an important step towards the EU disbursing €2.2 billion in grants under the Recovery and Resilience Facility (RRF). This financing will support the implementation of the crucial investment and reform measures outlined in Lithuania’s recovery and resilience plan. It will play a key role in enabling Lithuania to emerge stronger from the COVID-19 pandemic.
The RRF is at the heart of NextGenerationEU which will provide €800 billion (in current prices) to support investments and reforms across the EU. The Lithuania 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.