EU finance ministers approve the first national recovery and resilience plans

On their meeting to be held on 13 July 2021 in Brussels, EU i economic and finance ministers are expected to adopt the Council implementing decisions approving the assessments of the recovery and resilience plans of 12 EU member states.

Minister of Finance Andrej Šircelj will present the Slovenian Presidency's priorities for the ECOFIN affairs.

At the meeting, the ministers will discuss the recovery and resilience plans of 12 EU member states to which the European Commission has given a positive assessment by 1 July 2021. It is expected that the Council implementing decisions approving the assessment of the national recovery and resilience plans will be adopted.

"I am optimistic about the adoption of these decisions. I believe it is in the common interest of all EU member states that the recovery funds reach people and the business sector as soon as possible," said Minister of Finance Andrej Šircelj. The adoption of the decisions will allow the payment of funds under the Recovery and Resilience Facility, which will promote recovery and improve the resilience of individual member states, as well as the EU as a whole. The ministers will also exchange views on the EU’s economic recovery.

The Presidency's Minister of Finance Šircelj will present the Slovenian Presidency's priorities concerning the Economic and Financial Affairs Council.

The ministers will also discuss the sustainable finance package to be presented by the European Commission. The package includes the updated sustainable financing strategy and a legislative proposal for an EU green bond standard.

Ministers are also expected to approve Council conclusions on the 2021 in-depth reviews. The Slovenian Presidency and the European Commission will inform them of the outcomes of the G20 i finance ministers and the Central Bank governors meeting held on 9 and 10 July 2021.