17
Jun
2025
Watch
Implementation report on the Recovery and Resilience Facility (debate)
With all its shortcomings and challenges, the Recovery and Resilience Facility has proven to be a historic response to both the real test of European solidarity and one of the greatest crises of our time. Deeper economic fragmentation between Member States has been prevented and a common instrument has enabled unprecedented investments, with concrete reforms that strengthen the resilience and competitiveness of our economy. At the same time, the added value and real effects of this instrument are yet to be fully seen over time. Many projects are still under implementation and some of them risk remaining unfinished. The key question is no longer just how much we will be able to use, but also how. How smart, purposeful and long-term impact each euro will be for our society and economy. Therefore, it is also reasonable to consider a targeted 18-month extension of the deadline for the implementation of those projects that have already started but which, due to objective circumstances, will not be able to be completed within the set deadlines. With this approach, we prevent funds from remaining unused or, worse, from being used quickly rather than efficiently. Croatia, both per capita and per capita, is among the most successful. This I think is not a coincidence, but this mechanism in any case gives momentum in Croatia, but also at the national level and therefore we need to draw good lessons from it.