The Commission has today disbursed €800 million in grants under NextGenerationEU, the temporary instrument to finance Europe’s recovery and foster a greener, more digital and resilient economy after the pandemic.
The payments made today are going to 41 national and regional programmes in 16 Member States (France, Greece, Czechia, Germany, Poland, Lithuania, the Netherlands, Slovakia, Estonia Austria, Denmark, Finland, Bulgaria, Sweden, Portugal and Croatia) from the Recovery Assistance for Cohesion and the Territories of Europe initiative (REACT-EU).
REACT-EU helps Member States finance crisis response and recovery measures following the coronavirus pandemic. The funds under the REACT-EU constitute additional resources for existing Cohesion policy programmes.
A press release is available online.