Lithuania asks EU commission to disburse EUR 463 mln under RRF

VILNIUS – The European Commission on Monday received Lithuania's third payment request under the Recovery and Resilience Facility (RRF). 

Lithuania is requesting 463 million euros, including 174.7 million euros in grants and 288.3 million euros in loans, the EU's executive body said in a press release on Tuesday.

The Commission said it "will now assess the request and will then send its preliminary assessment of Lithuania's fulfilment of the milestones and targets required for this payment to the Council's Economic and Financial Committee".

Lithuania's request covers "28 milestones and targets", including investment in new electricity storage facilities, and reforms and action plans in areas such as quality and access to medical services, education programs, investment environment for renewable energy developers, and tax collection, it said.

Last October, the Commission approved an updated package of 3.85 billion euros in RFF funding for Lithuania, consisting of 2.3 billion euros in EU grants and 1.55 billion euros in loans.