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The Recovery Plan for Europe in Ireland

What is in the EU Recovery Plan?

The long-term EU budget, which was topped up to meet the COVID-related challenges, ensures that more than 50% of the Recovery Plan is dedicated to modernisation, through research and innovation, climate and digital transitions, and preparedness, recovery and resilience.

This forward-thinking package, in line with the European Green Deal, will fight climate change. 30% of the EU budget will be spent on this priority. It will also pay specific attention to biodiversity protection.

NextGenerationEU will provide an additional €806.9 billion, of which € €723.8 billion (in current prices) will be delivered through the Recovery and Resilience Facility (RRF) in the form of loans and grants to support the structural reforms and investments undertaken by EU countries. The European Commission has also implemented a new Technical Support Instrument (TSI) to provide tailor-made expertise for EU countries to design and implement reforms. Read more about the TSI and some of the reform projects being supported.

The European Semester, which is the framework to coordinate and monitor economic policy, has also been adapted as it is closely linked to the Recovery and Resilience Facility, and will ensure that structural reforms are an integral part of the recovery for each country.

To access the Recovery and Resilience funds, each EU member country has provided a national recovery and resilience plan, in which at least 37% of expenditure is allocated to climate and 20% to digital investments and reforms, and which must be implemented by 2026.

More on the EU recovery plan

Next Generation EU

European Semester 2021 – an exceptional cycle

A European Green Deal

EU funding and tenders programmes and application procedures

Recovery and Resilience Scoreboard

The EU’s 2021-2027 long-term budget & NextGenerationEU: Facts and figures

The Recovery Plan for Ireland

Europe’s recovery from the economic, financial and social consequences of the COVID-19 pandemic is of vital importance to Ireland’s economic interests, particularly as the country is also being impacted by Brexit.

What’s in the Recovery Plan for Ireland?

NextGenerationEU, the EU’s temporary recovery instrument, includes specific supports for sectors important to Ireland, such as agriculture, to secure food supplies and protect the income of farmers.

Delivering Ireland’s Recovery Plan

The Irish Government carried out a public consultation on their Recovery and Resilience Plan in February 2021. This consultation sought input on which areas Ireland should prioritise for investments and reforms, and which country-specific recommendations are considered the most relevant for Ireland’s plan.

This feedback was integrated into the draft plan which was submitted by the Irish Government to the European Commission on 28 May 2021.