The European Commission has welcomed Croatia’s application for €700 million from the Recovery and Resilience Facility (RRF), the key instrument of the NextGenerationEU recovery plan.
On 15 March, Croatia submitted to the Commission a payment request based on the achievement of the 33 milestones and one target selected in the Council Implementing Decision for the first instalment. They cover reforms and investments in the areas of health, social policy, adult education, public administration, anti-corruption, fiscal, audit and control, anti-money laundering, energy, transport, water and waste management as well as energy efficiency of buildings.
The Croatian recovery and resilience plan includes a wide range of investment and reform measures in six thematic components. The plan will be supported by up to €6.3 billion in grants, 13% of which (€818 million) was disbursed to Croatia in pre-financing on 28 September 2021.
The Commission has now sent its positive preliminary assessment of Croatia’s fulfilment of the milestones and targets required for this payment to the Economic and Financial Committee (EFC), asking for its opinion.
European Commission | Press corner | NextGenerationEU: European Commission endorses positive preliminary assessment of Croatia’s request for €700 million disbursement under the Recovery and Resilience Facility