The Prime Minister said: “The important thing is to speed up the recovery by mobilizing the already established recycling fund.”
Prime Minister António Costa (António Costa) defended the joint “efforts” on Wednesday to make it possible to “speed up action” with the approval of the “Recovery and Resilience Plan” (PRR) so that these “as soon as possible” can be implemented. “.ASAP”.
The current chairperson of the Council of the European Union stated through a teleconference in a debate with the regional committees that “the recycling fund that has been established needs to be mobilized to speed up recycling” and hoped that after “thorough” cooperation with member states, the European Commission can “Save time” when considering plans.
Believing that it is possible to “complete the approval of the decision to approve the national resource system in the majority of member states,” this allowed the committee to go to the market to issue debt to fund the recovery package, and noted that Costa Rica stated: “More than 14 countries have already proposed Their “National Recovery and Resilience Plan”,” he hopes that this process can now proceed quickly, especially because of the severity of the crisis that requires it.
He insisted: “We have worked very hard after the previous work with the European Commission. Now we can save time and put these plans into practice as soon as possible in terms of time and time.”
He continued: “As far as we are concerned, we have put it on the agenda. [Conselho de ministros das Finanças] On June 18, Ecofin approved the first package, and we are ready to provide an extraordinary Ecofin in the last week of June to approve the second recovery and resiliency plan package.
Antonio Costa emphasized that “the severity of the crisis does not allow any delay” because the “social and economic consequences” of the covid-19 pandemic are already obvious.
“Therefore, all of us must work hard to speed up the action so that these plans can be put into practice quickly.” The Portuguese head of government and the acting president of the European Council defended it until the end of June. Debates organized by the regional committees, which he belonged to when he was the mayor of Lisbon.
PRR is a strategic document, of which 27 organizations must define their reform and investment plans before 2026. It is a way for member states to obtain funds for the recovery and resilience mechanism. Its cost is estimated to be 672.5 billion euros (calculated in 2018 prices) ), and is a 750 billion euro package approved by European leaders in 2020, and is part of the “Next Generation EU”.
From the moment the plan is received, the community executive has two months to evaluate them, while the European Council has one month, but the Portuguese EU presidency stated that it is working to speed up the approval process. The first plan has a plan. On June 18, there was a “green light” in the Ecofin Council (convened by the Minister of Finance).
In an interview with Lusa this week, when European Commission Executive Vice President Valdis Dombrovskis (Valdis Dombrovskis) was asked about Portugal’s ambitions for the presidency, he did not promise to “faster Approved the “national plan,” but he expressed his hope that the first appropriation will be made in July.
“At the moment, we can’t really commit to fast tracking or getting approvals faster [do que previsto] The plan said: “Dombrovsky said that when evaluating documents received from member states, there is indeed a lot of work to be done to ensure that all elements are evaluated.”
The agency’s executive vice president declined to comment on “a specific period shorter than the specific period for the revision of the regulations.”
“Under any circumstances, […] If all goes well, including the process of approving our own resource decisions, we will be able to make the first payment in July,” said the executive vice president.