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Economy and Finance
News article1 December 2022Directorate-General for Economic and Financial Affairs

Commission receives payment request from Lithuania for over €565 million under the Recovery and Resilience Facility

This is Lithuania's first payment request and relates to 33 milestones covering reforms and investments in the areas of education and social policy, innovation, taxation and sustainable mobility. The milestones also cover sustainable sources of energy, public data management and open data, as well as broadband infrastructure.

Lithuania's overall recovery and resilience plan will be financed by €2.22 billion in grants. Payments under the RRF are performance-based and are contingent on Lithuania implementing the investments and reforms outlined in its recovery and resilience plan.

The Commission will now assess the request. It will then send its preliminary assessment of Lithuania's fulfilment of the milestones and targets required for this payment to the Economic and Financial Committee (EFC).

More information on the process of the payment requests under the RRF is available in this Q&A. More information on the Lithuanian recovery and resilience plan is available here: Recovery and resilience plan for Lithuania.

(For more information: Veerle Nuyts – Tel.: +32 229 96302; Yuliya Matsyk – Tel.: +32 2 291 31 73)

Details

Publication date
1 December 2022
Author
Directorate-General for Economic and Financial Affairs