The Ecofin Council believes that the Recovery and Resilience Facility (RRF), the budgetary instrument financing the EU’s post-Covid-19 national recovery plans, is making “a positive contribution” to Member States’ climate and digital transitions.
The council recognises the “innovative nature” of this results-based spending instrument, as highlighted by the European Commission in its mid-term report on the implementation of the RRF (see EUROPE B13356A17). It invites the...