Denmark’s National Recovery and Resilience Plan: Latest state of play

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Series Details PE 729.308
Publication Date April 2024
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Summary:

Denmark's national recovery and resilience plan (NRRP) corresponds to 0.2 % of the entire Recovery and Resilience Facility (RRF), or 0.5 % of Denmark's 2019 gross domestic product (GDP). The financial contribution from the EU totals €1625.9 million. In June 2022, the maximum RRF grant allocation available for Denmark was revised downwards, from €1551.4 million to €1 429 million (- 7.9 %). On 7 November 2023, the Council approved the amended plan, which includes a REPowerEU chapter, adding €196.7 million to the revised amount. This includes an additional REPowerEU grant allocation worth €130.7 million and a transfer of part of the Danish allocation under the Brexit Adjustment Reserve to the plan (€66.0 million). Denmark has so far received 33.4 % of the NRRP resources in the form of pre-financing and one payment; this is slightly below the EU average. A further five payments will depend on progress made in implementing the plan. Denmark requested the second payment on 21 December 2023. The amended plan reinforces green initiatives and seeks to enhance the resilience of the Danish economy and society, devoting 65 % of the RRF grant allocation to the green transition (up from 59 % in the original plan). While there is no change in digital investment, the share of the total increases to 27 % (including REPowerEU) as a result of the change of the overall Danish allocation. In the context of the European Semester, the Commission assessed the implementation of the Danish plan as 'well under way'. The European Parliament participates in interinstitutional forums for cooperation and discussion on NRRP implementation and scrutinises the Commission's work. This briefing is one in a series covering all EU Member States. Third edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.

This briefing is part of the series Next Generation EU (NGEU) delivery - How are the Member States doing?

Source Link Link to Main Source https://www.europarl.europa.eu/thinktank/en/document/EPRS_BRI(2022)729308
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  • https://www.europarl.europa.eu/RegData/etudes/BRIE/2022/729308/EPRS_BRI(2022)729308_EN.pdf
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