EU Okays €4B NextGenEU Boost for 4 Member States

European Commission

The European Commission has approved the disbursement of a total of €4.1 billion to four Member States — Greece, Portugal, Slovenia and Austria — under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. These disbursements are part of the Commission's efforts to support economic growth and strengthen the resilience of EU Member States, following the successful implementation of reforms and investments set out in each country's recovery and resilience plan.

Greece: €2.1 billion disbursement

The Commission will disburse €2.1 billion in grants to Greece after its sixth payment request under the RRF . This payment covers 39 milestones and targets, supporting critical areas such as healthcare, education, public administration, and taxation. Key measures include establishing a legal framework for renewable hydrogen and sustainable biomethane, launching a new taxpayer information platform, installing 12,200 solar panels for households and farms, and creating a national digital health record system for healthcare professionals and patients.

Greece's recovery and resilience plan , supported by a total funding package of €35.95 billion (€18.22 billion in grants and €17.73 billion in loans), has now achieved a 65% disbursement rate.

Portugal: €1.06 billion disbursement

The Commission will disbursed €1.06 billion in grants to Portugal following its seventh payment request under the RRF . This payment covers 27 milestones and targets across sectors such as healthcare, housing, forest-fire management, renewable energy, and improvements to the business environment. It supports measures including purchasing medical equipment, refurbishing hydroelectric power plants in Madeira, and developing publicly accessible electric vehicle charging stations.

Portugal's recovery and resilience plan , supported by a total funding package of €21.9 billion (€16.3 billion in grants and €5.6 billion in loans), has now achieved a 62% disbursement rate.

Austria: €515.5 million disbursement

Austria will secure €515.5 million in grants for its third payment request under the RRF . The request consists of 20 milestones, covering reforms like improving working conditions in the long-term care system, facilitating the repair of 200,000 electronic devices through a repair bonus program, and investments in 17,500 residential photovoltaic systems.

Austria's recovery and resilience plan , supported by a total funding package of €3.96 billion in grants, has now achieved a 84% disbursement rate.

Slovenia: €439.7 million disbursement

The Commission will disburse €400.1 million in grants and €39.6 million in loans to Slovenia, for its fourth payment request under the RRF . Covering 27 milestones and targets, the funding will support various reforms and investments, including in the areas of long-term care, energy efficiency, railway infrastructure, and digital education and science.

Slovenia's recovery and resilience plan , supported by a total funding package of €2.22 billion (€1.61 billion in grants and €613.2 million in loans), has now been 69% disbursed.

Background

As with all Member States, payments to Greece, Portugal, Austria and Slovenia under the RRF are performance-based, contingent upon the successful implementation of their recovery and resilience plans.

The favorable opinion of the Economic and Financial Committee of the Council on the payment requests paved the way for the Commission to adopt a final decision on the disbursement of the funds.

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