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EU finance ministers confirm the positive assessments of the second batch of national recovery and resilience plans

Met dank overgenomen van Sloveens voorzitterschap Europese Unie 2e helft 2021, gepubliceerd op dinsdag 27 juli 2021, 8:00.

At today's informal video conference, chaired by Minister of Finance Andrej Šircelj, EU finance and economy ministers confirmed the positive assessment for the second batch of national recovery and resilience plans.

At an informal video conference, EU finance and economy ministers confirmed the European Commission's positive assessment of national recovery and resilience plans for Cyprus, Croatia, Lithuania and Slovenia. The implementing decisions will be approved subsequently by written procedure.

At today's video conference, we continued with the adoption of national recovery and resilience plans. We took decisions on four additional countries, which means that more than half of the plans will be approved after the completion of the written procedure, said Minister Šircelj.

The economic situation is improving and recovery is strengthening. The funds under the Recovery and Resilience Facility will further boost this process, helping people and businesses. The resilience of the European Union and individual EU member states will strengthen. In addition, the funds will boost the green and sustainable transition and support the implementation of reforms and investments

Andrej ŠirceljFinance Minister

Andrej ŠirceljFinance Minister

The adoption of the implementing decisions allows EU member states to access the 13% pre-financing payment. For EU member states whose plans have been approved, the funds will be available in the summer.

At the informal video conference, the European Commission also presented the anti-money laundering and terrorist financing package. The package consists of four legislative proposals. It updates the current rules and takes into account the new challenges posed by technological innovation.

"The European Union has strong and effective anti-money laundering rules, but they need to be updated and adapted to new challenges to remain effective. Rules that keep pace with the times will better protect EU citizens. The main purpose of the batch is to protect the society in which we live from the risks posed by money laundering and terrorist financing," said Minister Šircelj at the press conference.

The batch proposes setting up a new EU supervisory authority for the prevention of money laundering and terrorist financing. The European authority will improve coordination between national authorities and provide consistent supervision. The batch also provides for the harmonisation of rules on the prevention of money laundering at the EU level and the extension of the rules to crypto assets. It also proposes to limit cash payments to €10,000. The European Union will continue to monitor the international situation so that more effective action can be taken regarding countries that pose risks in this area.

More information:

Informal video conference of economy and finance affairs ministers, 26 July 2021

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