The implementation of the National Recovery and Resilience Plan (PNRR) won't be put on hold, it picks up speed, and a Memorandum formally setting out the results of the pre-agreement with the European Commission for allocations worth EUR 21.62 billion was adopted to this effect, the Minister of European Investments and Projects Dragos Pislaru declared on Thursday.
"Let me say this from the outset, because it is very important to emphasize that today we are achieving another important milestone in the implementation of the National Recovery and Resilience Plan, which not only doesn't stop, but picks up steam on this occasion. As we have already publicly announced, we have a pre-agreement with the European Commission on the renegotiation of the National Recovery and Resilience Plan. In order to bring clarity, including in the public space and in the relationship between public authorities as to what remains in the NRRP and how we undertake the split between the non-reimbursable grant and loan components, the government adopted today the Memorandum confirming the results of this pre-agreement. The new allocation agreed with the European Commission is EUR 21.62 billion, of which the entire non-reimbursable component is EUR 13.56 billion, and EUR 8.06 billion are provided in loans," Pislaru said at the end of the government meeting.
He added that fully securing the grant component was one of the main goals of the negotiation and is set forth in the memorandum.
"What we adopted in the Memorandum is the full list of NRRP investments and components, so that at this moment there is predictability. Thus, following the official exchanges of documents, the European Commission is expected to approve in September this renegotiated version, and on October 20, in the Ecofin meeting, the Council will provide the final approval. The Memorandum serves as an interim legal basis until we have the confirmation at Council level, at which point, we will have a new working framework under the Regulation that actually outlines the NRRP legislative framework," explained the minister.
According to him, after the confirmation received from Ecofin, the projects that are under implementation will be subjected to transparent monitoring by the Ministry of European Investments and Projects and the responsible ministries, so that the implementation stage for each of the remaining projects is clearly visible and, in the year ending August 2026, the "NRRP can be transformed in a success story".
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