Legal provisions of COM(2023)116 - Amendment of Council Implementing Decision (ST 12524/21) on the approval of the assessment of the recovery and resilience plan for Finland

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Article 1

Council Implementing Decision of 29 October 2021 on the approval of the assessment of the recovery and resilience plan for Finland is amended as follows:

(1) Article 1 is replaced by the following:

“Article 1

The assessment of the updated RRP of Finland on the basis of the criteria provided for in Article 19(3) of Regulation (EU) 2021/241 is approved. The reforms and investment projects under the RRP, the arrangements and timetable for the monitoring and implementation of the RRP, including the relevant milestones and targets, the relevant indicators relating to the fulfilment of the envisaged milestones and targets, and the arrangements for providing full access by the Commission to the underlying relevant data are set out in the Annex to this Decision.”;

(2) In Article 2, paragraphs 1 and 2 are replaced by the following:



1. The Union shall make available to Finland a financial contribution in the form of non-repayable support amounting to EUR 1 822 051 146. 3 An amount of EUR 1 660 743 618 shall be available to be legally committed by 31 December 2022. A further amount of EUR 161 307 528 shall be available to be legally committed from 1 January 2023 until 31 December 2023.

2. The Union financial contribution shall be made available by the Commission to Finland in instalments in accordance with the Annex to this Decision. The instalments may be disbursed by the Commission in one or several tranches. The size of the tranches shall be subject to the availability of funding.”;


(3) The Annex is replaced by the text set out in the Annex to this Decision.

Article 2

This Decision is addressed to the Republic of Finland.