Government Denies Report On One Billion Kunas Less For Croatia from EU

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The amount of grants set aside for Croatia under the Recovery and Resilience Facility is €6.3 billion (approximately 47.5 billion), as also carried in the relevant regulation adopted by the European Parliament and the Council establishing a Recovery and Resilience Facility on 18 February. The mentioned amount has never been questioned since the adoption of the said regulation, the government says.

In the same vein, the elaboration of the 2021-2026 National Recovery and Resilience Plan (NPOO) was conducted so that the total value of the reforms and investments set out in the plan should not be below the target of HRK 47.5 billion, the government says.

The government’s decision on defining the draft national recovery and resilience plan 2021-2026, prepared for the fine-tuning with the European Commission on 29 April, defined the draft in the amount of HRK 48.7 billion, which was above the allocation of HRK 47.5 billion set aside for Croatia.

The subsequent contacts with the European Commission aimed at hammering out the document resulted in the amount of HRK 48.2 billion, which is still above Croatia’s allocation defined by the above-mentioned regulation adopted by the EP and the Council, the Plenković cabinet says.

The reduction of sums “is a consequence of hammering out the assessed costs for certain investments, such as adjustment of VAT treatment and adjustment of eligibility of costs.”

(€1 = HRK 7.5)

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