Brussels:The European Commission has approved the final payment requests from Estonia and Luxembourg as part of the Recovery and Resilience Facility under NextGenerationEU. Estonia is set to receive €190.6 million, while Luxembourg will receive €59 million, marking the completion of their respective recovery and resilience plans.

According to European Commission - Lebanon, the Economic and Financial Committee of the Council must now provide its approval before the funds are disbursed. Estonia's final payment request represents the culmination of a €953 million plan, having met all the required milestones and targets, including reforms in skills, energy, health, and digitalisation. Similarly, Luxembourg has achieved the necessary reforms and investments corresponding to its €241 million plan, focusing on renewable energy, energy efficiency, and digitalisation, among others.

The Commission's approval signifies a significant step in implementing the Recovery and Resilience Facility, reflecting both countries' commitments to their national plans. The Economic and Financial Committee will deliver its opinion within four weeks, after which the Commission will finalize the payment decision for the release of funds.