THE STATE OF THE EUROPEAN UNION REPORT. Europe in a period of transition

THE UNEVEN IMPACT OF THE PANDEMIC. PROSPECTS FOR A CONVERGENT AND RESILIENT RECOVERY OF THE EU? 87 The recovery plans of theMember States: In search of a joint strategy The governance of the recovery and resilience plan falls primarily to the Commission with regard to the guidance, evaluation, and supervision of the action of the Member States, promoting structural reforms in line with its priori- ties and recommendations.This governance is incorpora- ted into the framework of the European Semester, as the chief coordinating instrument of the Union’s economic policy, so every Member State must submit a recovery and resilience plan to access to the funds. The plan is assessed by the Commission and once approved it gives way to the disbursements. In addition, it includes certain Table 2. The recovery plans of the Member States Member States Grants Loans Total amount of plan Requested Maximum provided Requested Maximum provided Germany* 27.9 25.6 240.9 27.9 Austria* 4.5 3.5 27.2 4.5 Belgium 5.9 5.9 32.8 5.9 Bulgaria 6.3 4.2 0.0 Cyprus 1.0 1.0 0.2 1.5 1.2 Croatia 6.4 6.3 3.7 6.4 Denmark 1.6 1.6 21.9 1,6 Slovakia* 6.3 6.3 6.3 6.3 Slovenia 1.8 1.8 0.7 3.2 2.5 Spain 69.5 69.5 84.8 69.5 Estonia 1.0 1.0 1.9 1.0 Finland 2.1 2.1 16,4 2.1 France* 40.9 39.4 168.4 40.9 Greece 17.8 17.8 12.7 12.4 30.5 Hungary 7.2 7.2 9.7 7.2 Ireland 1.0 1.0 18.7 1.0 Italy* 68.9 68,9 122.6 122.8 191.5 Latvia 1.8 2.0 2.0 1.8 Lithuania 2.2 2.2 3.2 2.2 Luxembourg 0.1 0.1 2.7 0.1 Malta 0.3 0.3 0.8 0.3 Netherlands 6.0 55.3 0.0 Poland 23.9 23.9 12.1 34.8 36.0 Portugal* 13.9 13.9 2.7 14.2 16.6 Czech Republic 7.1 7.1 14.3 7.1 Romania 14.3 14.2 15.0 15.0 29.3 Sweden 3.3 3.3 6.3 3.3 Source: European Commission, Next Generation EU, National Recovery and Resilience Plans, Factsheet.