Brussels approves Portugal’s RRP on June 16

  • ECO News
  • 11 June 2021

Portugal was the first EU country to hand over its Recovery Plan to the European Commission, on April 22

The European Commission is expected to approve next Wednesday, June 16, the Recovery and Resilience Plan (RRP) of Portugal and Spain, according to Bloomberg, cited by Jornal de Negócios. Portugal was the first country to deliver the RRP in Brussels.

The President of the European Commission, Ursula Von der Leyen, will come to Portugal that day to hand over the positive assessment of the Portuguese plan, as announced by the entity on Twitter. She will then travel to Spain. On the following day, it is her turn to visit Greece and Denmark and Luxembourg on the 18th.

Portugal was the first EU country to hand over its recovery plan to the European Commission, on April 22. In an interview with Jornal de Negócios, published last week, the European Commissioner for the Economy, Paolo Gentiloni, admitted that Portugal could be among the first to receive the money. “We are not obliged to follow the queue, but of course the plans submitted first will, at least for our implementation proposal, be considered first,” he said.

Von der Leyen also announced that next week the EU executive would start approving the first national RRPs and that money should start arriving in each country in the coming weeks. “After less than a year we are here: our green and digital recovery is about to begin,” she declared.