Brussels, 27 April 2023
Today’s payment of €301 million in grants was made possible by Denmark’s fulfilment of the 25 milestones and targets linked to the first instalment. The request covers key steps of the green tax reform in support of the green and digital transition of businesses and a reform for a more digital health system. Several milestones and targets also concern major investments in the fields of green transition of agriculture and environment, energy efficiency, clean vehicles and ferries, and research.
As for all Member States, payments under the Recovery and Resilience Facility, the key instrument at the heart of NextGenerationEU, are performance-based and depend on the implementation by Denmark of the investments and reforms described in its recovery and resilience plan.
On 16 December 2022, Denmark submitted to the Commission a first request for payment of €301 million under the RRF covering 23 milestones and two targets. On 28 February 2023, the Commission adopted a positive preliminary assessment of Denmark’s request for payment. The favourable opinion of the Economic and Financial Committee of the Council on the payment request paved the way for the Commission to adopt a final decision on the disbursement of the funds.
The overall recovery and resilience plan of Denmark will be financed by €1.43 billion in the form of grants. The amounts of payments made to Member States are published on the Recovery and Resilience Scoreboard, which shows the progress made in the implementation of the RRF as a whole and of the individual recovery and resilience plans. Denmark already received a pre-financing payment of €201 million on 2 September 2021.
Source – EU Commission