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EU RECOVERY AND RESILIENCE FACILITY: CHARACTERISTICS AND MEDIUM-TERM OBJECTIVES

Mihai Bratu

Euroinfo, 2021, vol. 5, issue 4, 124-132

Abstract: The Recovery and Resilience Mechanism (RRF) is the core of the Next Generation EU package, a temporary tool in line with the European Commission's priorities. It targets ensuring a sustainable and inclusive recovery that promotes dual transition, green and digital. Member States can benefit from MRR through National Recovery and Resilience Plans (NRRP), each setting out the necessary reforms and investments by the end of 2026. Given the criteria that the NRRP must meet, as well as the percentages allocated to climate and digital transition, this paper analyzes the structure and objectives of MRR and includes the case study of the NRRP proposed by Romania, based on official documents.

Keywords: recovery; resilience; green transition; digital transformation; Covid-19 (search for similar items in EconPapers)
JEL-codes: E60 E61 E65 (search for similar items in EconPapers)
Date: 2021
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