Translations of Recovery and Resilience Facility (RRF)

Since spring 2020 the coronavirus has had a devastating effect on Europe and the world, challenging the health and social care system, our communal lives, and cooperation practices to date. In order to protect the lives and livelihoods, restore the single market, and ensure a lasting and prosperous recovery, the European Commission proposed on 27 May 2020 the establishment of a new Recovery Instrument, Next Generation EU in the amount of 750 billion euros.