Proposal for a Council Implementing Decision on the approval of the assessment of the recovery and resilience plan for Ireland

Author (Corporate)
Series Details COM (2021) 419
Publication Date 16/07/2021
Content Type

Summary:

Proposal for a Council Implementing Decision - tabled by the European Commission on 16 July 2021 - concerning the endorsement of an assessment to Ireland's National Recovery and Resilience Plan (NRRP).

Further information:

National Recovery and Resilience Plans are prepared by the Member States of the European Union (EU) and comprise a package of reforms and investment initiatives to be implemented by 2026 and supported by the Recovery and Resilience Facility (RRF). These plans are assessed by the European Commission and approved by the Council of the European Union. The assessment is based on criteria set out in Regulation (EU) 2021/241 - also known as the RRF Regulation.

The plan was submitted by the national authorities on 28 May 2021. A positive assessment of the Irish NRRP was adopted by the Commission on 8 July 2021. It recommends that the Council endorses the disbursement of €989 million in grants under the RRF over the period 2021-2026. The Commission's analysis considered, in particular, whether the investments and reforms contained in Ireland's plan support the green and digital transitions; contribute to effectively addressing challenges identified in the European Semester; and strengthen its growth potential, job creation and economic and social resilience.

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2021:419:FIN
Related Links
Commentary and Analysis
Chambers Ireland: News, 01/06/2021: Chambers Ireland welcomes Government Recovery Plan https://www.chambers.ie/news/chambers-ireland-welcomes-government-recovery-plan/
The Irish Times, 01/06/2021: Q&A: What's in the economic recovery plan and when will PUP rates change? https://www.irishtimes.com/news/ireland/irish-news/q-a-what-s-in-the-economic-recovery-plan-and-when-will-pup-rates-change-1.4581120
RTÉ New, 16/07/2021: What is Ireland getting from EU Recovery Fund? https://www.rte.ie/news/business/2021/0716/1235527-ireland-eu-recovery-fun/

News
EurActiv, 12/03/2021: Seven EU countries have not yet submitted recovery plans https://www.euractiv.com/section/eu-council-presidency/news/seven-eu-countries-have-not-yet-submitted-recovery-plans/
The Irish Times, 04/05/2021: Coalition eyes €900m from EU ‘recovery and resilience’ Covid fund https://www.irishtimes.com/news/politics/coalition-eyes-900m-from-eu-recovery-and-resilience-covid-fund-1.4554501
BBC News, 01/06/2021: Coronavirus: Ireland reveals post-Covid recovery plan https://www.bbc.co.uk/news/world-europe-57319156
Reuters, 16/07/2021: EU Commission approves Ireland's 989 mln euro recovery plan https://www.reuters.com/world/europe/eu-commission-approves-irelands-989-mln-euro-recovery-plan-2021-07-16/

Official
EUR-LEX: SWD(2021)205: Staff Working Document accompanying the Proposal - Analysis of the recovery and resilience plan of Ireland https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=SWD:2021:205:FIN
European Commission: Recovery and Resilience Facility: National Recovery and Resilience Plans https://ec.europa.eu/info/business-economy-euro/recovery-coronavirus/recovery-and-resilience-facility_en#national-recovery-and-resilience-plans
Irish Government: Ireland's National Recovery and Resilience Plan 2021 https://www.gov.ie/en/publication/d4939-national-recovery-and-resilience-plan-2021/
European Commission: Press Release, 28/05/2021: Recovery and Resilience Facility: Ireland and Sweden submit official recovery and resilience plans https://ec.europa.eu/commission/presscorner/detail/en/ip_21_2748
Irish Government: Press Release, 28/05/2021: Ireland presents €1 billion National Recovery and Resilience Plan to Europe https://www.gov.ie/en/press-release/ef3ec-ireland-presents-1-billion-national-recovery-and-resilience-plan-to-europe/
European Commission: Press Release, 16/07/2021: NextGenerationEU: European Commission endorses Ireland's recovery and resilience plan https://ec.europa.eu/commission/presscorner/detail/en/ip_21_3727
European Commission: Questions and answers: European Commission endorses Ireland's recovery and resilience plan (16 July 2021) https://ec.europa.eu/commission/presscorner/detail/en/qanda_21_3728
European Commission: Statement by President von der Leyen on Ireland's recovery and resilience plan (16 July 2021) https://ec.europa.eu/commission/presscorner/detail/en/statement_21_3734
Irish Government: Press Release, 16/07/2021: Minister McGrath Welcomes European Commission's Positive Assessment of Ireland’s National Recovery and Resilience Plan https://www.gov.ie/en/press-release/d26a9-minister-mcgrath-welcomes-european-commissions-positive-assessment-of-irelands-national-recovery-and-resilience-plan/

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