European Commission approves final Denmark payment under NextGenerationEU
The European Commission has issued a positive assessment for Denmark’s fifth and final payment request, totalling €359 million in grants from the Recovery and Resilience Facility.
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According to the European Commission, the funding constitutes the concluding payment for Denmark under the Recovery and Resilience Facility, which serves as the core component of the NextGenerationEU initiative. The grant request, valued at €359 million, has now received official approval following the Commission's assessment.
This decision marks the completion of the disbursement process for Denmark's recovery programme. The Recovery and Resilience Facility was established to support member states in their economic recovery efforts following the pandemic.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.supports: European Commission