(MULTI) (PDF) – Financing the recovery plan for Europe | Directorate-General for Budget


To finance the necessary investments, the Commission will issue bonds on the financial markets on behalf of the EU. To make borrowing possible, the Commission will amend the Own Resources Decision and increase the headroom – the difference between the Own Resources ceiling of the long-term budget (the maximum amount of funds that the Union can request from Member States to finance its expenditure)
and the actual spending. With the headroom as a guarantee, the Commission will raise funds on the markets and channel them via Next Generation EU to programmes destined to repair the economic and social damage and prepare for a better future.

Available in all the official languages of the EU

PDF file, 3 pages

via Financing the recovery plan for Europe – Publications Office of the EU

Leave a comment

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.