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NextGenerationEU

Ensuring the EU is prepared for future challenges and opportunities

The centrepiece of NextGenerationEU is the Recovery and Resilience Facility (RRF) – an instrument that provides grants and loans to support reforms and investments in the EU Member States.

Objectives and benefits

Part of a wide-ranging response, the Recovery and Resilience Facility helps

  • mitigate the pandemic’s economic and social impact
  • make sure Member States are more resilient, more sustainable and better prepared for the challenges and opportunities of the green and digital transitions
  • achieve the EU target of climate neutrality by 2050
  • set Europe on a path of digital transition
  • create jobs and spur growth.
Picture of Ursula von der Leyen

The Facility provides funds for Member States to invest (2022 prices)

€385 billion

in loans

€338 billion

in grants

€723 billion

in total, to invest in reforms and projects

Discover what’s happening in each Member State

 All countries Austria Belgium Bulgaria Croatia Cyprus Czechia Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden

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Legend

Green transition

Smart, sustainable and inclusive growth

Social and territorial cohesion

Health and economic, social and institutional resilience

Digital transformation

Policies for the next generationGreen transition icon

Green transition

focusing on green technologies and capacities – sustainable mobility, energy efficiency and renewables, climate change adaptation; circular economy; and biodiversityPolicies next gen Icon

Policies for the next generation

improving access to and the quality of general, vocational, and higher education; focusing on digital education, early childhood education and care; supporting youth employmentInclusive growth Icon

Smart, sustainable and inclusive growth

promoting entrepreneurship, competitiveness, industrialisation; improving the business environment; fostering research, development and innovation, supporting small- and medium-sized businessesDigital transformation icon

Digital transformation

promoting the roll-out of very high capacity networks, the digitalisation of public services, government processes, and businesses, in particular SMEs; developing basic and advanced digital skills; supporting digital-related R&D and the deployment of advanced technologiesSocial & territorial cohesion icon

Social and territorial cohesion

improving social and territorial infrastructure and services, including social protection and welfare systems, the inclusion of disadvantaged groups; supporting employment and skills development; creating high-quality, stable jobsHealth institutional resilience icon

Health and economic, social and institutional resilience

improving the resilience, accessibility and quality of health and long-term care, including measures to advance their digitalisation; increasing the effectiveness of public administration systems

How it works

Through the Facility, a temporary instrument, the Commission can raise funds – borrowing on the capital markets – to help Member States implement reforms and investments that

  • are in line with the EU’s priorities
  • address the challenges identified in country-specific recommendations under the European Semester framework of economic and social policy coordination.

The Facility entered into force in February 2021. It finances Member States’ reforms and investments, from the start of the pandemic in February 2020 through to the end of  December 2026. Member States submit their recovery and resilience plans  to the European Commission, setting out their planned reforms and investments to be implemented by end-2026, in order to receive financing up to the agreed allocation. 

View each Member State’s national plans, planned reforms and investments

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