Brussels:The European Commission has approved the final payment requests from Estonia and Luxembourg under the Recovery and Resilience Facility (RRF), which is a key component of NextGenerationEU. Estonia is set to receive £190.6 million, and Luxembourg will receive £59 million, marking the completion of their respective recovery and resilience plans.

According to Cyprus News Agency, the payments will be disbursed after approval by the Economic and Financial Committee of the Council, ensuring both Estonia and Luxembourg receive 100% of their funding under the RRF. Estonia's final payment request reflects the completion of reforms and investments in areas such as skills, energy, health, and digitalisation. Luxembourg has fulfilled its commitments in renewable energy, energy efficiency, and other sectors, demonstrating its dedication to the national recovery plan.

The European Commission's approval signifies a critical milestone in the implementation of the RRF for both countries. Estonia has completed 8 milestones and 19 targets, while Luxembourg has met 3 milestones and 4 targets as outlined in the Council Implementing Decision. These accomplishments highlight the countries' commitment to delivering essential reforms and investments, aiding their economic recovery and resilience efforts.