Skip to content
Adopted text

Implementation report on the Recovery and Resilience Facility

TA-10-2025-0128 · P10_TA(2025)0128 · PE768.025

Official HTML ↗ PDF DOCX
✦ In shortFull text
✦ In short · AI summary of this text, generated 4 Sept 2026

Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.

Parliament's resolution assesses the Recovery and Resilience Facility (RRF), noting progress and shortcomings, and sets out demands for the remaining implementation period and for future performance-based EU funding instruments. It calls for completing reforms and investments by 2026, addressing delays, improving transparency and control, preventing double funding, and ensuring repayment of NextGenerationEU debt. It urges the Council to adopt new own resources, proposes an 18-month extension for mature projects if needed, and demands a stronger role for Parliament and stakeholders in RRF governance.

Key points

  1. Highlights the RRF's role in supporting recovery, cohesion, and the green and digital transitions, but notes risks from its 2026 expiry and calls for lessons to inform the next MFF.
  2. Notes that by 31 December 2024, disbursements reached EUR 197.46 billion in grants (55%) and EUR 108.68 billion in loans (37%), with 28% of milestones and targets fulfilled.
  3. Regrets the lack of progress on new own resources and urges the Council to adopt them without delay to ensure viable repayment of NGEU debt by 2058.
  4. Calls for measures to prevent double funding, including excluding measures already in other EU-funded plans and improving audit trails and IT tools.
  5. Urges the Commission to address administrative bottlenecks, simplify procedures, and provide technical support to Member States to accelerate implementation.
  6. Calls for an 18-month extension of mature RRF projects if needed, and for a strategy to address public investment needs beyond 2026.
  7. Demands enhanced transparency, including regular publication of lists of largest final recipients and a common definition of 'final recipient'.
  8. Insists that future performance-based instruments should measure results and long-term impacts, not just outputs, and should have proper control systems.
  9. Calls for stronger involvement of local and regional authorities, social partners, and civil society in NRRP design and implementation.
  10. Urges the Commission to ensure equal treatment of Member States in assessments and to accelerate payment request evaluations.
  11. Calls for an independent evaluation of the RRF's impact on private investment and for analyses of how NRRP reforms affect Member State economies.

Who is affected

  • Member States implementing recovery and resilience plans, which face calls to accelerate reforms and investments and improve reporting.
  • Local and regional authorities, social partners, and civil society, which should be more involved in NRRP design and implementation.
  • Small and medium-sized enterprises and young entrepreneurs, who should benefit from simplified application procedures and targeted support.
  • The European Commission, which is urged to improve transparency, accelerate assessments, and ensure equal treatment of Member States.
  • The Council, which is urged to adopt new own resources to secure NGEU debt repayment.

Figures and deadlines

  • EUR 197.46 billion in grants (55% of total) and EUR 108.68 billion in loans (37%) disbursed by 31 December 2024.
  • 28% of milestones and targets satisfactorily fulfilled by 31 December 2024.
  • EUR 92 billion of EUR 385.8 billion in available loans remained unused.
  • Total NGEU repayment costs projected at EUR 25 to 30 billion per year from 2028, equivalent to 15-20% of the 2025 annual budget.
  • European green bonds issued amounted to EUR 68.2 billion by 31 December 2024.
  • Member States plan to spend around EUR 163 billion on social objectives and EUR 166 billion on digital transformation.
  • EPPO handled 307 active RRF-related cases in 2024, with estimated damage of EUR 2.8 billion.
  • The Draghi report estimates the funding gap at over EUR 800 billion annually.

Legal basis: Article 175 of the Treaty on the Functioning of the European Union