Europe is slowly going back to normality, all states have begun reopening their commercial activities, the vaccination campaign is continuing and now it’s time to program the upturn with the recovery plan, also called Nextgeneratioeu.
NextGenerationEU: approval
Yesterday the President of the European Commission Ursula Von Der Leyen went to Prague for the presentation of the plan and its subsequent approval. During the visit to the capital with the Prime Minister of the Czech Republic Andrej Babiš went to the State Opera and the National Museum. The European Commission today published a positive assessment of the Czech Republic’s recovery and resilience plan. This is an important step towards providing the EU with EUR 7 billion from the Facility for Recovery and Resilience in Grants.
NextGenerationEU: funds
These funds will support the implementation of the key investments and reform measures outlined in the Czech Republic’s Recovery and Resilience Plan. These funds will play a key role in helping the Czech Republic emerge from the strongest COVID-19 pandemic. The National Recovery Plan was started about a year ago, shortly after its publication by the European Commission. The recovery plan would provide a total of 200 billion crowns: of which 172 billion from the European Union (about 7 billion euros) and 28 billion from national sources.
NextGenerationEU: fields of investment
The reforms and investments that are included in the National Recovery Plan and that the Czech Republic wants to implement thanks to the resources of the Instrument for Recovery and Resilience are divided into six pillars:
Digital transformation;
Physical infrastructure and green transition;
Education and labour market;
Institutions and regulation and business support in response to covid-19;
Research, development and innovation;
Health and resilience of the population.
Source: vláda
