economy and politics

Brussels will relax monitoring of recovery plans to accelerate spending and avoid losing funds

Brussels will relax monitoring of recovery plans to accelerate spending and avoid losing funds

BRUSSELS, June 4 () –

The European Commission has proposed relaxing the monitoring of recovery and resilience plans with the aim of accelerating the implementation of the funds before August 2026, the deadline to finalize the measures and thus avoid the loss of millions of euros.

This is stated in a communication from the Commission published this Monday that recalls that, at the end of April 2024, 232,000 million euros had been disbursed to the Member States, just over a third of the total of 648,000 million that the mechanism has. .

“At this juncture and taking into account the temporary nature of the fund, all collective efforts must focus on the full and timely implementation of the recovery and resilience plans for 2026, if necessary addressing implementation bottlenecks, as they arise. , in a flexible manner”, indicates the guidelines guide of the Community Executive.

Aware of the “tight implementation schedule”, Brussels has recognized that “it may be necessary to adapt the content of the plans to face emerging and changing challenges”, which is why it proposes to simplify “as far as possible” the monitoring requirements required of Member States.

To this end, the information requested in the context of the biannual reports on the implementation of the plans will be reduced and it will be accepted that a Member State eliminates in its reports the monitoring stages that national administrations have to provide on the implementation of the relevant measures. .

Regarding the audit and control of plans, Brussels will also support possible “simplification opportunities” in this area, to guarantee “synergies and complementarity” with audits carried out by national and European authorities.

It will also be possible, “as a last resort and in exceptional cases”, to combine support from recovery plans and other EU funds on a pro rata basis, while avoiding double financing.

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