SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

EC approves Slovenia's 2nd payment request under RRF

Nov 27, 2023, 2:31:37 PMArticle by Radomir Ralev
share
November 27 (SeeNews) - The European Commission said on Monday it gave a positive preliminary assessment of Slovenia's request for 541 million euro ($592 million) disbursement under the Recovery and Resilience Facility (RRF).

EC approves Slovenia's 2nd payment request under RRF
European Commission headquarters in Brussels; Author: Radomir Ralev

The Commission has approved Slovenia's second payment request under RRF, which consists of 231 million euro in grants and 310 million euro in loans, it said in a statement.

The new payment request is based on the achievement of the 41 milestones and three targets, including the introduction of a Flood Risk Management Plan and a new framework for public passenger transport, promotion of renewable energy, as well as the adoption of a broadband plan and reforms related to the issuance of e-identity cards.

The payment request also covers significant investments in the digital transformation of businesses and their innovative ecosystems, in railways, the electricity network, drinking and wastewater infrastructure, energy efficiency in district heating, tourism and culture, investments in modernising higher education and new IT infrastructure for public authorities.

The Commission has now sent its positive preliminary assessment to the Economic and Financial Committee (EFC), asking for its opinion. Following favourable EFC opinion, the Commission will adopt a final decision on the disbursement of the financial contribution.

Slovenia's RRF covers a wide range of investments and reforms in 17 thematic components. The plan will be supported by 1.61 billion euro in grants, out of which 121 million euro allocated to REPowerEU, and 1.07 billion euro in loans.

($ = 0.91303 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.