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Revised NextGenEU Plan unlocks €10 billion, Ursula von der Leyen notes

Revised NextGenEU Plan unlocks €10 billion, Ursula von der Leyen notes
NextGenEU plan releases €10 billion funds

Ursula von der Leyen announced that, following significant efforts, teams have agreed on a list of projects for a revised NextGenEU Plan.

The new plan enables the unlocking of €10 billion, conditional on adopted reforms and implemented investments. Progress was also made in cohesion policy, unlocking an additional €6.4 billion.

Von der Leyen previously highlighted the European Parliament’s rapid ratification enabling a €90 billion support loan to Ukraine in June, according to a recent summary. Earlier, she reported that the Chips Act had generated over €32 billion in semiconductor investments in Europe, with further funding anticipated under the program, as noted in a prior announcement. These initiatives reflect recent EU efforts to mobilize funding across multiple sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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