Briefing - Finland's National Recovery and Resilience Plan: Latest state of play - 20-05-2025
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Finland's national recovery and resilience plan (NRRP) is part of the national sustainable growth programme and its main source of financing. Next Generation EU (NGEU) – the EU's response to the social and economic crisis triggered by the COVID-19 pandemicBriefing - Finland's National Recovery and Resilience Plan: Latest state of play - 20-05-2025
Finland's national recovery and resilience plan (NRRP) is part of the national sustainable growth programme and its main source of financing. Next Generation EU (NGEU) – the EU's response to the social and economic crisis triggered by the COVID-19 pandemic – initially envisaged an allocation of €2 090 million in grants to Finland under its Recovery and Resilience Facility (RRF). After the update of all national allocations in June 2022, Finland's share was revised downwards to €1 822 million in grants, and the plan was revised to reflect these changes. A second revision added the REPowerEU chapter, under which Finland is to receive a maximum of €127 million in non-repayable financial support for energy-related reforms and investment. The plan underwent a third revision in mid-2024. Finland requested to amend the plan due to objective changes in circumstances while keeping the same level of ambition. Currently, the plan totals €1 949 million and is worth 0.8 % of the country's gross domestic product (GDP) in 2019, representing 0.3 % of the entire RFF. In terms of absolute numbers and per capita, it is among the lowest quarter of RRF grant allocations by Member States. On 30 April 2025, Finland requested a new targeted revision. Finland has allocated 52.3 % of its NRRP to the green transition, serving its ambition to achieve carbon neutrality by 2035, while digital expenditure accounts for 28.9 % of the overall resources. The plan thus exceeds the minimum allocations required by the RRF Regulation, which are 37 % for the green transition and 20 % for digital transformation (the latter does not apply to the REPowerEU chapter). So far, Finland has received two payments based on progress in implementing the plan. Including the pre-financing, the total amount of grants received amounts to €876.9 million, i.e. 45 % of the entire allocation. The European Parliament, which was a major advocate of creating a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the European 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. Source : © European Union, 2025 - EP Read more
