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European relaunch: states hand over their roadmap to Brussels

2021-04-28T12:57:09.625Z


Paris, Berlin and Rome, the three heavyweights of the euro zone, are launching this week to present their national plans. Several criteria are required to benefit from European funds.


Last straight line before the Member States start to receive the first funds of the European recovery plan to 750 billion euros.

A crucial step has been taken this week with the formal submission of national recovery plans in Brussels.

Read also:

European recovery plan: Southern countries in pole position

France, Germany and Italy - the three largest economies in the euro zone - have decided to take the plunge simultaneously or almost simultaneously.

Because it currently holds the rotating EU presidency, Portugal handed in its copy last week.

Major challenges

In absolute terms, member states had until Friday April 30 to notify their plan.

"

But it is an indicative date

," said a senior official.

At the Commission, we therefore expect to see only a dozen countries tabling their plans by Friday.

The others will arrive later, in a few weeks or even a few months.

The Netherlands could well bring up the rear.

Leading the March elections, Prime Minister Mark Rutte is still trying to train

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Source: lefigaro

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