Sittings · Document

Report (2024/2085(INI)) 2025-06-11

Implementation report on the Recovery and Resilience Facility

11.6.2025 A10-0098/9

Amendment 9

Julien Sanchez, Angéline Furet, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Recital A a (new)

Motion for a resolutionAmendment
Aa. whereas the RRF was conceived with a lack of due preparation, putting the EU’s budget at significant risk until 2058; calls on the Commission to take into account the observations made by the ECA and to verify monitoring mechanisms in order to effectively assess the actual efficiency of the investments made;

Or. en

11.6.2025 A10-0098/10

Amendment 10

Julien Sanchez, Angéline Furet, Jana Nagyová, Filip Turek, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Recital E

Motion for a resolutionAmendment
E. whereas, due to the lack of progress in introducing new own resources in the EU and the need to ensure the sustainability of the EU’s repayment plan, a clear and reliable long-term funding strategy is essential to meet repayment obligations without forcing difficult trade-offs in the EU budget that could undermine future investments and policy priorities; whereas further discussions and concrete financial solutions will be necessary to secure the long-term viability of the EU’s debt repayment plan;E. whereas the expenditures under NextGenerationEU were decided without any consideration for their short-, medium- and long-term financial consequences on the Union’s budget; whereas, in order to avoid introducing new own resources that would place an additional burden on European taxpayers, identifying and eliminating non-compulsory and/or unnecessary expenditure from the EU budget and adopting a highly critical approach towards such expenditure now appears to be urgent so as to ensure compliance with the Union’s repayment obligations;

Or. en

11.6.2025 A10-0098/11

Amendment 11

Julien Sanchez, Angéline Furet, Jana Nagyová, Filip Turek, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Recital F

Motion for a resolutionAmendment
F. whereas the borrowing costs for NextGenerationEU (NGEU) have to be borne by the EU budget and the actual costs exceed the 2020 projections by far as a result of the high interest rates; whereas the total costs for NGEU capital interest repayments are projected to be around EUR 25 to 30 billion per year from 2028, equivalent to 15-20 % of the 2025 annual budget; whereas Parliament has insisted that the refinancing costs be placed over and above the MFF ceilings; whereas a three-step ‘cascade mechanism’ including a new special EURI instrument was introduced during the 2024 MFF revision to cover the significant cost overruns resulting from NGEU borrowing linked to major changes in the market conditions; whereas an agreement was reached during the 2025 budgetary procedure to follow an annual 50/50 benchmark, namely to finance the overrun costs in equal shares by the special EURI instrument de-commitment compartment and the Flexibility Instrument;F. whereas the borrowing costs for NextGenerationEU (NGEU) have to be borne by the EU budget and the actual costs exceed the 2020 projections by far as a result of the high interest rates; whereas the total costs for NGEU capital interest repayments are projected to be around EUR 25 to 30 billion per year from 2028, equivalent to 15-20 % of the 2025 annual budget, which demonstrates a serious lack of professionalism in the financial management of the European budget;

Or. en

11.6.2025 A10-0098/12

Amendment 12

Julien Sanchez, Angéline Furet, Jana Nagyová, Filip Turek, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Recital I

Motion for a resolutionAmendment
I. whereas the RRF should contribute to financing measures to strengthen the Member States’ resilience to climate disasters, among other things, and enhance climate adaptation; whereas the Member States should conduct proper impact assessments for measures and should share best practice on the implementation of the ‘do no significant harm’ (DNSH) principle;I. whereas the RRF should contribute to financing measures to strengthen the Member States’ resilience to natural disasters, among other things; whereas the Member States should conduct proper impact assessments for measures and should share best practice on the implementation of the ‘do no significant harm’ (DNSH) principle;

Or. en

11.6.2025 A10-0098/13

Amendment 13

Julien Sanchez, Angéline Furet, Jana Nagyová, Filip Turek, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Recital P

Motion for a resolutionAmendment
P. whereas the Commission has to provide an independent ex post evaluation report on the implementation of the RRF by 31 December 2028, consisting of an assessment of the extent to which the objectives have been achieved, of the efficiency of the use of resources and of the European added value, as well as a global assessment of the RRF, and containing information on its impact in the long term;P. whereas the Commission has to provide an independent ex post evaluation report on the implementation of the RRF by 31 December 2028, consisting of an assessment of the extent to which the objectives have been achieved, of the efficiency of the use of resources and of the European added value, as well as a global assessment of the RRF, and containing information on its impact in the long term, on the identified cases of fraud and on the mechanisms used to carry them out, as well as a quantitative and qualitative assessment of the means deployed by the Commission to monitor the proper use of RRF funds;

Or. en

11.6.2025 A10-0098/14

Amendment 14

Julien Sanchez, Angéline Furet

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Paragraph 5

Motion for a resolutionAmendment
5. Takes note of the Commission’s projection in 2024 concerning the potential of NGEU’s impact on the EU’s real gross domestic product (GDP) by 2026, which is significantly lower than its simulation in 2020 (1.4 % compared with 2.3 %), due in part to adverse economic and geopolitical conditions, and of the estimation that NGEU could lead to a sizeable, short-run increase in EU employment by up to 0.8 %; notes that the long-term benefits of the RRF on GDP will likely exceed the budgetary commitments undertaken by up to three to six times , depending on the productivity effects of RRF investment and the diligent implementation of reforms and investments;5. Takes note of the Commission’s projection in 2024 concerning the potential of NGEU’s impact on the EU’s real gross domestic product (GDP) by 2026, which is significantly lower than its simulation in 2020 (1.4 % compared with 2.3 %), due in part to adverse economic and geopolitical conditions; expresses concern, nevertheless, that these projections may amount to unfounded political propaganda aimed at diverting attention from the dramatic and lasting consequences of NGEU on the European budget, and therefore calls for these often overly optimistic projections to be viewed with caution;

Or. en

11.6.2025 A10-0098/15

Amendment 15

Enikő Győri, Paolo Borchia, Jorge Martín Frías

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Paragraph 7

Motion for a resolutionAmendment
7. Notes that the RRF has incentivised the implementation of some reforms included in the country-specific recommendations made in the context of the European Semester through the inclusion of such reforms in the NRRPs; underlines that there has been a qualitative leap forward in terms of monitoring RRF implementation; recalls that the RRF Scoreboard is used to monitor the progress made towards achieving milestones and targets, as well as compliance with horizontal principles, and in particular the six pillars, namely the green transition, the digital transformation, smart, sustainable and inclusive growth (including economic cohesion, jobs, productivity, competitiveness, research, development and innovation, and a well-functioning internal market with strong small and medium-sized enterprises (SMEs)), social and territorial cohesion, health, economic, social and institutional resilience with the aim of, inter alia, increasing crisis preparedness and crisis response capacity, and policies for the next generation, children and young people, such as education and skills; highlights that the overall uptake of country-specific recommendations made in the context of the European Semester remains low and has even dropped;7. Notes that there is no clear evidence that the RRF would be a catalyst for the reforms included in the country-specific recommendations made in the context of the European Semester, as it is difficult to see any significant difference in the implementation progress between the periods of 2011-2018 and 2019-20221a; underlines that there has been a qualitative leap forward in terms of monitoring RRF implementation; recalls that the RRF Scoreboard is used to monitor the progress made towards achieving milestones and targets, as well as compliance with horizontal principles, and in particular the six pillars, namely the green transition, the digital transformation, smart, sustainable and inclusive growth (including economic cohesion, jobs, productivity, competitiveness, research, development and innovation, and a well-functioning internal market with strong small and medium-sized enterprises (SMEs)), social and territorial cohesion, health, economic, social and institutional resilience with the aim of, inter alia, increasing crisis preparedness and crisis response capacity, and policies for the next generation, children and young people, such as education and skills; highlights that the overall uptake of country-specific recommendations made in the context of the European Semester remains low and has even dropped;
_________________
1a Economic Governance and EMU Scrutiny Unit (EGOV), ‘Economic Dialogue with the European Commission on the launch of the 2025 European Semester cycle’, In-Depth Analysis, 23 January 2025, p. 12.

Or. en

11.6.2025 A10-0098/16

Amendment 16

Julien Sanchez, Angéline Furet

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Paragraph 17

Motion for a resolutionAmendment
17. Stresses that the RRF is the first major performance-based instrument at EU level which is exclusively based on financing not linked to costs (FNLC); recalls that Article 8 of the RRF Regulation stipulates that the RRF must be implemented by the Commission in direct management in accordance with the relevant rules adopted pursuant to Article 322 TFEU, in particular the Financial Regulation and the Rule of Law Conditionality Regulation; regrets that the Council did not agree to insert specific rules in the Financial Regulation to address the risks of this delivery model, such as double funding; considers that the rules of the Financial Regulation should be fully applicable to future instruments based on FNLC, including as regards fines, penalties and sanctions;17. Stresses that the RRF is the first major performance-based instrument at EU level which is exclusively based on financing not linked to costs (FNLC); regrets that the Council did not agree to insert specific rules in the Financial Regulation to address the risks of this delivery model, such as double funding, corruption and conflicts of interest; considers that the rules of the Financial Regulation should be fully applicable to future instruments based on FNLC, including as regards fines, penalties and sanctions;

Or. en

11.6.2025 A10-0098/17

Amendment 17

Enikő Győri, Julien Sanchez, Angéline Furet, Jana Nagyová, Paolo Borchia, Filip Turek, Jorge Martín Frías, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Notes that only 13 Member States have requested loans and that EUR 92 billion of the EUR 385.8 billion available will remain unused since this amount was not committed by the deadline of 31 December 2023; takes note of the fact that loans were attractive for Member States that faced higher borrowing costs on the financial markets or that sought to compensate for a reduction in RRF grants; points out that some Member States have made limited use of RRF loans, either due to strong fiscal positions or administrative considerations; calls on the Commission to analyse the reasons for the low uptake in some Member States and to consider these findings when designing future EU financial instruments; notes with concern that national financial instruments to implement the NRRPs have not been sufficiently publicised, leading to limited awareness and uptake by potential beneficiaries; considers that a political discussion is needed on the use of unspent funds in the light of tight public budgets and urgent EU strategic priorities; calls for an assessment of how and under which conditions unused RRF funds could be redirected to boost Europe’s competitiveness, resilience, defence, and social, economic and territorial cohesion, particularly through investments in digital and green technologies aligned with the RRF’s original purpose;18. Notes that only 13 Member States have requested loans and that EUR 92 billion of the EUR 385.8 billion available will remain unused since this amount was not committed by the deadline of 31 December 2023; takes note of the fact that loans were only attractive for Member States that faced higher borrowing costs on the financial markets or that sought to compensate for a reduction in RRF grants; points out that some Member States have made limited use of RRF loans, either due to strong fiscal positions or administrative considerations; calls on the Commission to consider, in this regard, the risks and inefficiencies of joint borrowing before proposing any EU financial instruments in the future; considers that a political discussion is mandatory on the use of unspent funds in the light of tight public budgets, the amounts at stake and urgent EU strategic priorities; calls for an assessment of how and under which conditions unused RRF funds could be redirected to boost Europe’s competitiveness, resilience, the European defence industry, and social, economic and territorial cohesion;

Or. en

11.6.2025 A10-0098/18

Amendment 18

Julien Sanchez, Angéline Furet, Jana Nagyová, Filip Turek, Nikola Bartůšek

on behalf of the PfE Group

Report A10-0098/2025

Victor Negrescu, Siegfried Mureşan

Implementation report on the Recovery and Resilience Facility

(2024/2085(INI))

Motion for a resolution

Paragraph 19 a (new)

Motion for a resolutionAmendment
19a. Regrets the absence of a comprehensive and credible long-term repayment plan for NGEU liabilities, including clear annual projections, repayment mechanisms and contingencies; calls on the Commission to present such a plan without delay to ensure transparency, budgetary predictability and the long-term sustainability of the EU’s public finances;

Or. en