European Union recovery plan

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf economic recovery plan
gptkbp:alsoKnownAs gptkb:Next_Generation_EU
gptkbp:announced gptkb:European_Parliament
27 May 2020
gptkbp:approvedBy gptkb:European_Council
21 July 2020
gptkbp:benefit EU member states
gptkbp:budget €750 billion
gptkbp:component gptkb:Recovery_and_Resilience_Facility
gptkbp:coordinates gptkb:European_Parliament
gptkbp:duration 2021-2026
gptkbp:focusArea digital transformation
economic resilience
social cohesion
green transition
gptkbp:fundedBy gptkb:European_Union
joint EU borrowing
gptkbp:grantComponent €390 billion
https://www.w3.org/2000/01/rdf-schema#label European Union recovery plan
gptkbp:legalBasis Article 122 TFEU
gptkbp:loanComponent €360 billion
gptkbp:monitors gptkb:European_Parliament
gptkbp:purpose economic recovery after COVID-19 pandemic
gptkbp:Recovery_and_Resilience_Facility_budget €672.5 billion
gptkbp:relatedTo gptkb:Multiannual_Financial_Framework_2021-2027
gptkbp:requires national recovery and resilience plans
gptkbp:target job creation
post-pandemic recovery
climate neutrality by 2050
public investment
digitalization of EU economy
gptkbp:bfsParent gptkb:NextGenerationEU_recovery_plan
gptkbp:bfsLayer 7