Back Fons europeu de recuperació Catalan Wiederaufbaufonds (EU) German Next Generation EU Spanish Next Generation EU Basque Plan de relance européen de 2020 French Next Generation EU Italian NextGenerationEU Dutch NextGenerationEU NB Next Generation EU Polish Europeiska unionens återhämtningsinstrument Swedish
 | This article's lead section may be too short to adequately summarize the key points. (September 2021) |
Next Generation EU (NGEU) is a European Commission economic recovery package to support the EU member states to recover from the COVID-19 pandemic, in particular those that have been particularly hard hit. It is sometimes styled NextGenerationEU and Next Gen EU, and also called the European Union Recovery Instrument.[1] Agreed in principle by the European Council on 21 July 2020 and adopted on 14 December 2020, the instrument is worth €750 billion. NGEU will operate from 2021 to 2026,[2] and will be tied to the regular 2021–2027 budget of the EU's Multiannual Financial Framework (MFF). The comprehensive NGEU and MFF packages are projected to reach €1824.3 billion.[3]
- ^ "Council Regulation (EU) 2020/2094 of 14 December 2020 establishing a European Union Recovery Instrument to support the recovery in the aftermath of the COVID-19 crisis". EUR-Lex.
- ^ "Recovery plan for Europe". European Commission. Retrieved 5 July 2023.
- ^ Special European Council, 17–21 July 2020 – Main results Retrieved 15 November 2020.