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Global Trade Alert

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EU: Establishment of EUR 672.5 billion Recovery and Resilience Facility (COVID-19)

Description

On 18 February 2021, the EU adopted Regulation (EU) 2021/241 establishing the Recovery and Resilience Facility (RRF) with total funds up to EUR 672.5 billion (approx. USD 813.2 billion). The RFF aims ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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