Romania submits its recovery and resilience plan

Romania filed its recovery plan to the European Commission on Monday, becoming the 22nd EU country to do so. Romania intends to attract the maximum allocation of €14.3 billion in grants and €15 billion in loans from the recovery and…

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In-Depth Analysis – Recovery and Resilience Dialogue with the European Commission 14 July 2021 – 13-07-2021

Executive Vice-President Dombrovskis and Commissioner Gentiloni have been invited to the second Recovery and Resilience Dialogue under the Recovery and Resilience Facility Regulation. This briefing addresses the following subjects: the Recovery and Resilience Facility and its scrutiny; the state of play of adoption and assessment of the Recovery and Resilience plans; the European Parliament resolutions on the Recovery and Resilience Facility; the financing of national Recovery and Resilience plans and some data on the current economic situation and estimates on the impact of Facility.

Source : © European Union, 2021 – EP

Briefing – Horizon Europe: Framework programme for research and innovation 2021–2027 – 02-07-2021

In June 2018, the European Commission proposed a total budget allocation of €100 billion to finance science, research and innovation projects during the 2021-2027 period, of which the vast majority, €94.1 billion in current prices, would be allocated to the Horizon Europe framework programme. The main aims are to strengthen science and technology, to foster industrial competiveness, and to implement the sustainable development goals in the EU. Horizon Europe introduces new features such as the European Innovation Council, missions to promote research results, and new forms of partnerships. Horizon Europe also aims at reducing administrative burdens and promoting the concept of open science. More operational synergies are expected through better linkage with other EU programmes. In March 2019, Parliament and Council reached a partial agreement on most aspects of Horizon Europe. However, the financial aspects were only settled in December 2020 as part of the broader MFF negotiations, together with the sensitive issue of third-country association. The final text was adopted in April 2021 and entered into force retroactively from 1 January 2021. Third edition of a briefing originally drafted by Cemal Karakas. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure.

Source : © European Union, 2021 – EP

At a Glance – Amending budget No 3/2021: 2020 surplus – 01-07-2021

Draft Amending Budget No 3/2021 (DAB 3/2021) to the European Union’s 2021 general budget aims to enter as revenue in the 2021 budget the surplus resulting from the implementation of the 2020 budget. The 2020 surplus totals almost €1.77 billion (as compared to €3.2 billion in 2019, €1.8 billion in 2018 and €0.56 billion in 2017). It consists mostly of higher than expected revenues, plus under-spending on the expenditure side. Inclusion of the surplus will reduce the gross national income (GNI) contributions of the EU Member States to the 2021 budget accordingly. The European Parliament is expected to vote on the Council position on DAB 3/2021 during its July plenary session.

Source : © European Union, 2021 – EP

Highlights – Recovery and Resilience Dialogue: committee debate – Committee on Budgets – Committee on Economic and Monetary Affairs

Impact of the Covid19 pandemic on EU Industries
The Committee on Budgets and the Committee on Economic and Monetary Affair will hold their second Recovery and Resilience Dialogue with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People, and Economy Commissioner Paolo Gentiloni, on 14 July. The debate is expected to focus on the Commission’s assessment of national recovery and resilience plans submitted by Member States.

Source : © European Union, 2021 – EP

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