The Economic and Financial Affairs Council (ECOFIN) welcomed the assessment of Romania‘s National Recovery and Resilience Plan (PNRR) along with Estonia and Finland on Thursday, according to a press release.
“I’m happy to be able to share good news for three more member states. We have just confirmed the positive assessments for the recovery and resilience plans of Estonia, Finland, and Romania. They will soon be able to receive their pre-financing payment from the Recovery and Resilience Facility,” stated Andrej Šircelj, Slovenia’s Minister for Finance.
“The reforms and investments outlined in their plans strongly support the European green and digital agenda. By addressing the key challenges, the overall European recovery will be more sustainable and more resilient,” added Šircelj.
The Council implementing decisions on the approval of the PNRR plans for Estonia, Finland and Romania was adopted by written procedure shortly after the ministers’ video conference on Thursday.
“Phasing out coal and lignite power production and deploying renewables, as well as making investments and reforms in the areas of buildings renovation, railways modernisation, water and waste management, and afforestation and reforestation are measures Romania plans to implement to reach its climate objectives,” said the EU council in a statement.
The EU Council stated that Romania’s €14.2 billion in grants and €14.9 billion in loans will also be used, among other things, to digitalise the country’s public services and strengthen the resilience of the healthcare system.