[Economics] Economy.- The 27 give the green light to the recovery plans of Croatia, Cyprus, Lithuania and Slovenia

[MosterOfficial ☆]

 

The ministers of Economy and Finance of the EU (Ecofin) have given their approval on Monday to the reform and investment plans of Croatia, Cyprus, Lithuania and Slovenia to access aid from the EU recovery fund created after the crisis generated by the coronavirus. "We confirm the positive evaluations of Croatia, Cyprus, Lithuania and Slovenia, with them more than half of the national plans have been adopted", announced the Slovenian Minister of Finance and rotating EU presidency, Andrej Sircelj, after the meeting by videoconference of the 27 ministers. Although the ministers confirmed this Monday their agreement with the initial recommendation of the Commission to approve these four plans, the decision has yet to be formalized in the next few days by written procedure given that this Monday's meeting was of an informal nature. "The Commission will pay the first advances as soon as the technical agreements are closed with the Member States, which will happen in a matter of weeks, in some cases in a matter of days," said the Vice-President of the European Commission responsible for the Economy, Valdis Dombrovskis. With the adoption of these four plans, a total of 16 countries have already received the necessary approval to access the anti-crisis funds of the European Union, including Spain, whose plan was approved by Ecofin on July 13 with the first twelve plans validated. The EU has a recovery fund of 800,000 million with which it wants to lift the economies of the 27 from the crisis caused by the coronavirus pandemic and accelerate the green and digital transitions.

 

Economics