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Economy
5 July 2023

In-Depth Analysis - Recovery and Resilience Dialogue with the European Commission- 10 July 2023 - PE 747.851 - Committee on Budgets - Committee on Economic and Monetary Affairs - Committee on Budgetary Control

Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the eleventh Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation.
Section 1 of this briefing covers recent developments relating to the implementation of RRF, in particular the European Semester assessment of the general RRF implementation progress, the status quo of new REPowerEU chapters, requests for additional loans, and the mid-term evaluation of the RRF.
Section 2 focuses on the Commissions’ preliminary assessment for Romania’s payment request, elaborating on an example that may be of interest from a scrutiny perspective; the Commission activated the ‘payment suspension' procedure for two milestones that Romania has not yet fulfilled. This briefing also provides some information available in the public domain regarding Italy’s upcoming payment request.
Section 3 finally focusses on funding aspects of the RRF, namely the effect of rising interest rates, the MFF revision, and the Commission’s proposal for new own resources.Source : © European Union, 2023 - EP