Approval of the revised NRRP for Romania
Romania's National Recovery and Resilience Plan has been revised
Bogdan Matei, 14.11.2025, 13:50
Romania is preparing a new payment request, its fourth, to the European Commission, following Thursday’s approval of the revised National Recovery and Resilience Plan (NRRP) at the Economic and Financial Affairs Council (ECOFIN) meeting, announced Dragoş Pîslaru, Minister of Investment and European Projects in the Bucharest government. He specified that the tranche to come from Brussels is worth €2.62 billion and contains 62 targets and milestones.
The revised plan has a total value of 21.41 billion, of which a major component consists of grants (non-reimbursable funds) of over 13.5 billion and nearly 8 billion in loans, configured into six payment requests (three of which have already been submitted). The number of milestones and targets has been reduced from 518 to 390, without diminishing the ambition of the reforms undertaken, according to the official website of the Ministry of Finance.
The changes mainly concerned the elimination of investments at risk of non-implementation, the transfer of successful projects from the loan component to the grant component, and the introduction of new investments with high economic and social impact, such as the capitalization of the Investment and Development Bank or the purchase of ambulances.
“The approval of the revised plan comes after an intense period of negotiation and technical and institutional dialogue with the European Commission. The renegotiation of the NRRP began over a year ago, with this being the third government to hold discussions with the European Commission on issues related to the implementation of the plan and the renegotiation of allocations. The responsibility and seriousness with which we have conducted the dialogue with the Commission over the last four months have led to the maximum level of grant allocations available to Romania being maintained. We have managed to agree on a simplified structure for the plan, which reduces pressure on the state budget by decreasing the loan component and ensures better implementation of the reforms needed to make the Romanian economy more competitive,” said Finance Minister Alexandru Nazare. Romania has so far received €10.7 billion from the NRRP and is set to receive approximately the same amount by the end of next year.
Economic recovery depends on attracting all available EU funds, both from the NRRP and cohesion funds. According to the media in Bucharest, simplifying the plan and reducing the number of milestones makes projects easier to implement. This gives the economy a boost by creating jobs and increasing demand in sectors such as construction, IT, and transportation. Overall, experts say the revised plan reduces the risk of losing European funds and strengthens the prospects for economic growth in the coming years. (MI)
