25 July 2024
On the 25th of July, the European Commission received the second payment request for EUR 909 million from Belgium under the Recovery and Resilience Facility (RRF). This second payment request is made up of EUR 869 million of subsidies and EUR 40 million worth of loans, covering 38 milestones and 9 targets.
The request covers reforms in the areas of energy transition, digital connectivity, zero-emission road transport, life-long learning, the streamlining of environmental permitting procedures, innovation and circular economy.
Belgium’s request also features investments in cybersecurity, artificial intelligence, renewable energy, energy transition, hydrogen and low carbon industries, rail infrastructure, zero-emission road transport, education and research and development.
Belgium’s overall recovery and resilience plan will be financed through EUR 5.3 billion of which 5 billion euros of subsidies and 264 million of loans. More information on Belgium’s recovery and resilience plan can be found here.
Source: European Commission