Croatia gets first installment of EUR 700 mln under RRF
The Croatian government said on Tuesday it received the first installment of EUR 700 million under the Recovery and Resilience Facility aimed to help the country emerge stronger from the pandemic, news agency HINA reported.
The European Commission Vice President Dubravka Šuica on Tuesday presented the Commission's decision on the grant disbursement to Prime Minister Andrej Plenković, the government said.
It is the largest ever grant the Adriatic country Croatia has received from the EU Commission and follows an advance payment of EUR 818 million under the facility.
Another installment of EUR 700 million is expected before the end of the year.
Croatia's recovery plan will be supported by up to EUR 6.3 billion in EU grants.
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