EU's Recovery and Resilience Facility Enters Final Phase with €450 Billion Disbursed

European Commission report highlights milestone achievements and the RRF's contribution to green and digital transitions, with Portugal showing progress.

Generic image of European funds flowing into Portugal, with digital and green elements.
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Generic image of European funds flowing into Portugal, with digital and green elements.

The European Union's Recovery and Resilience Facility (RRF) is nearing its conclusion, with €450 billion already disbursed and over 4,000 milestones and targets met, according to the European Commission's fifth annual report.

The European Commission has released its fifth annual report on the implementation of the Recovery and Resilience Facility (RRF), the central instrument of NextGenerationEU, which is now entering its final implementation phase. Since 2021, €450 billion in grants and loans have been disbursed to Member States, representing 79% of the total envelope. Of the approximately 6,000 milestones and targets set in national plans, 4,082 have been met, with the remainder under assessment.
The report highlights the RRF's contribution to the green and digital transitions, the strengthening of European competitiveness, and the modernization of economies and public services. In the digital area, €140 billion has been allocated, with the European Commission estimating that each euro invested could generate €1.50 of economic output in the European Union by 2030.
For the green transition, €287 billion has been mobilized. According to the report, supported investments could contribute to an annual emissions reduction equivalent to 1.5% of those generated in the European Union.
Portugal is mentioned for its progress in labor market reforms. The country is also featured among the Member States analyzed regarding the digitalization of Public Administration.
Based on information from the official source: Recuperar Portugal — PRR (07/10/2026)