In July 2020, the European Council agreed on an exceptional temporary recovery instrument known as the Next Generation EU, which guarantees a coordinated European response with member states to deal with the economic and social consequences of the pandemic. Funds can be used to grant repayable loans and non-repayable transfers.

The two most volume instruments in Next Generation EU are:

  • The Recovery and Resilience Facility (RRF), which is the core of the Recovery Fund, whose purpose is to support investment and reforms in member states to achieve a sustainable and resilient recovery, while the EU's ecological and digital priorities are promoted.
  • The REACT-EU Fund, which operates as a structural fund, but with greater flexibility and agility in execution. REACT-EU will promote the ecological, digital and resilient recovery of the economy.

Next Generation EU will also provide additional funding to other European programs or funds, such as the European Agricultural Fund for Rural Development (EAFRD) and the Just Transition Fund (JTF).

More information on Next Generation EU can be found on the Institutional Portal of the Ministry of Finance and Civil Service, among others from the following link, from which the one just reported:

Specifically regarding the RRF, detailed information can be found in the link below, including documents of the Plan, documents of approval of the Plan (including the operational provisions of the Recovery Plan agreed by the Government of Spain and the European Commission), and additional documents on the components (see specifically the link Recovery plan, documents and links).

Also on the official website of the European Union, among others from the following link:

Recovery plan for Europe | European Comission


To facilitate the search, a brief selection of regulations and other documents of interest is included belows:

Regulation (EU) 2021/241 of the European Parliament and of the Council of 12 February 2021 establishing the Recovery and Resilience Facility (and corrigendum).


Ministry of Economic Affairs and Digital Transformation. Resolution of 29 April 2021, of the Undersecretariat, publishing the Agreement of the Council of Ministers of 27 April 2021, approving the Recovery, Transformation and Resilience Plan.


Recovery, Transformation and Resilience Plan (ESP)


Royal Decree-Law 36/2020, of 30 December, approving urgent measures for the modernization of the Public Administration and for the execution of the Recovery, Transformation and Resilience Plan (link to text consolidated at the date of publication of this information)


Decree-Law 5/2021, of 2 February, approving urgent measures for the implementation and management of funds from the Recovery and Resilience Facility and the REACT-EU fund for the Administration of the Generalitat de Catalunya (Catalan Government) and its public sector


Order HFP/1030/2021, of 29 September, by which configures the management system of the Plan of Recovery, Transformation and Resilience


Order HFP/1031/2021, of 29 September, which establishes the procedure and format of the information to be provided by State, Autonomous and Local Public Sector Entities for monitoring compliance with milestones and objectives and budgetary and accounting execution of the measures of the components of the Recovery, Transformation and Resilience Plan.


Directive (EU) 2017/1371 of the European Parliament and of the Council of 5 July 2017 on the fight against fraud to the Union's financial interests by means of criminal law (transposed into national law by Organic Law 1/2019, of 20 February, amending Organic Law 10/1995, of 23 November, of the Criminal Code, to transpose European Union directives in the fields of finance and terrorism, and to address issues of a nature international)


Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union (EU Financial Regulation) (and corrigendum)


Regulation (EU, Euratom) 2020/2092 of the European Parliament and of the Council of 16 December 2020 on a general regime of conditionality for the protection of the Union budget (and corrigendum)