NewsEconomicsRecovery, Dombrovskis: "First payments in July"

Recovery, Dombrovskis: “First payments in July”

-

In the second half of June, the European Commission should prepare “the first proposals” for the approval of the national recovery plans and the first payments should arrive in July. Thus the executive vice president of the Commission Valdis Dombrovskis, in a hearing at the Econ commission of the European Parliament, in Brussels. The European Commission should prepare “the first proposals” for the approval of the national recovery and resilience plans, necessary to access the resources of the Recovery and Resilience Facility, the heart of Next Generation Eu, “in the second week of June”, after which the Council should adopt them “within a month,” he explained. “Eight EU member countries” have yet to ratify the own resources decision, a necessary step for the Commission to issue bonds on the markets, raising the resources to finance the plan, of which “three could do so this week”, added Dombrovskis. As for the “first payments” to Member States under Next Generation Eu, 13% of the total, will be made by the Commission “presumably in July”. It is possible that second tranches will be disbursed by the end of the year, “but it will depend on compliance with the objectives and milestones” envisaged in the national plans.

Latest news

Valencia closes all parks and fenced gardens before the orange alert for rains

Heavy rains return to ValenciaEuropa PressThe Valencia City Council has ordered the closure of all parks and fenced gardens...

Dear bills, the municipal alarm

(Adnkronos) - "There is a risk of default" warns the Anci

Nobel Literature 2022 to Annie Ernaux

The Academy of Sweden awarded the Nobel Prize for Literature 2022 to Annie Ernaux today, Thursday 6 October. ...

Kevin Spacey returns to court: these are the legal problems he faces

Kevin Spacey pleads not guilty to sexual assault in London 0:42 (CNN) –– Kevin Spacey returned to court Thursday...

Basques missing in Mexico: “They were threatened …”, the couple’s relatives fear the worst

These relatives, who have formed a WhatsApp group to activate searches and contacts on the spot, want to "know...

Absolute BOMB on Marquis: You won’t believe this woman weighed 170 kilos! – Topky.sk

Denisa Juhász decided to sign up for Extreme Transformations because she couldn't deal with her weight herself. "I...

You might also likeRELATED
Recommended to you