Text · Comparison of two versions
Changes from plenary report to adopted text
A-10-2025-0098 → TA-10-2025-0128
- From
- A-10-2025-0098 Plenary report of 28 May 2025
- To
- TA-10-2025-0128 Adopted text of 18 Jun 2025
- Changes
- 11 changes to the text
- Paragraphs
- +9 added · −7 removed · 10 changed
More facts (3)
- Dossier
- 2024/2085(INI)
- Title (from)
- on the implementation of the Recovery and Resilience Facility
- Title (to)
- Implementation report on the Recovery and Resilience Facility
AI: What changed, in short Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Adds new paragraphs on performance-based instruments and accountability, citing the ECA's views.3911 The other changes are formal: decimal separators updated, article reference corrected, and paragraph renumbered.2456 Two wording changes add the word "and" in phrases about NGEU repayments.17
The notes class 3 changes as substance, 6 as formal, 2 as wording only.
Changes that matter, 11
Changes to the text in document order — the ones the change notes describe. Cover page, renumbering and punctuation-only edits are left out (see “Every difference”); changes to citations and references stay in and are marked as formal in the notes.
Change 1
ChangedF. whereas the borrowing costs for NextGenerationEU (NGEU) have to be borne by the EU budget and the actual costs exceed the 2020 projections by far as a result of the high interest rates; whereas the total costs for NGEU capital and interest repayments are projected to be around EUR 25 to 30 billion per year from 2028, equivalent to 15-20 % of the 2025 annual budget; whereas Parliament has insisted that the refinancing costs be placed over and above the MFF ceilings; whereas a three-step ‘cascade mechanism’ including a new special EURI instrument was introduced during the 2024 MFF revision to cover the significant cost overruns resulting from NGEU borrowing linked to major changes in the market conditions; whereas an agreement was reached during the 2025 budgetary procedure to follow an annual 50/50 benchmark, namely to finance the overrun costs in equal shares by the special EURI instrument de-commitment compartment and the Flexibility Instrument;
AI: Note on change 1 · wording only Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Adds the word "and" between "capital" and "interest" in the phrase about NGEU repayments.
Change 2
ChangedK. whereas by 31 December 2024, Member States had submitted 95 payment requests and the level of RRF disbursements including pre-financing stood at EUR 197.46197,46 billion in grants (55 % of the total grants envelope) and EUR 108.68108,68 billion in loans (37 % of the total loans envelope); whereas three Member States have already received their fifth payment, while one Member State has not received any RRF funding; whereas all Member States have revised their national recovery and resilience plans (NRRP) at least once; whereas 28 % of milestones and targets have been satisfactorily fulfilled and the Commission has made use of the possibility to partially suspend payments where some milestones and targets linked to a payment request were not found to be satisfactorily fulfilled; whereas delays in the execution of planned reforms and investments, particularly in social infrastructure and public services, could lead to the underutilisation of available resources, thereby reducing the expected impact on economic growth, employment and social cohesion;
AI: Note on change 2 · formal Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Replaces decimal separators in amounts: "197.46" becomes "197,46" and "108.68" becomes "108,68".
Change 3
AddedM. whereas according to the ECA, performance is a measure of the extent to which an EU-funded action, project or programme has met its objectives and provides value for money; whereas moreover, financing not linked to costs does not, in itself, make an instrument performance-based;
AI: Note on change 3 · substance Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Adds a new recital M stating that performance is measured by the extent to which an EU-funded action meets objectives and provides value for money, and that financing not linked to costs does not make an instrument performance-based.
Change 4
Changed5. Takes note of the Commission’s projection in 2024 concerning the potential of NGEU’s impact on the EU’s real gross domestic product (GDP) by 2026, which is significantly lower than its simulation in 2020 (1.4(1,4 % compared with 2.32,3 %), due in part to adverse economic and geopolitical conditions, and of the estimation that NGEU could lead to a sizeable, short-run increase in EU employment by up to 0.80,8 %; notes that the long-term benefits of the RRF on GDP will likely exceed the budgetary commitments undertaken by up to three to six times , depending on the productivity effects of RRF investment and the diligent implementation of reforms and investments;
AI: Note on change 4 · formal Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Replaces decimal separators in percentages: "1.4" becomes "1,4", "2.3" becomes "2,3", and "0.8" becomes "0,8".
Change 5
Changed12. Recalls that, in reaction to Russia’s war of aggression against Ukraine, the REPowerEU revision contributes to Europe’s energy security by reducing its dependence on fossil fuels, diversifying its energy supplies, investing in European resources and infrastructure, tackling energy poverty and investing in energy savings and efficiency in all sectors, including transport; emphasises that through REPowerEU, an additional EUR 20 billion in grants was made available in 2023, including EUR 8 billion generated from the front-loading of Emissions Trading System allowances and EUR 12 billion from the Innovation Fund; highlights Parliament’s successes in negotiations, in particular on the provisions on replenishing the Innovation Fund, the 30 % funding target for cross-border projects, the focus of investments on tackling energy poverty for vulnerable households, SMEs and micro-enterprises, and the flexible use of unspent cohesion funds from the 2014-2020 MFF and of up to 7.57,5 % of national allocations under the 2021-2027 MFF;
AI: Note on change 5 · formal Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Replaces decimal separator in "7.5" with "7,5".
Change 6
Changed18. Notes that only 13 Member States have requested loans and that EUR 92 billion of the EUR 385.8385,8 billion available will remain unused since this amount was not committed by the deadline of 31 December 2023; takes note of the fact that loans were attractive for Member States that faced higher borrowing costs on the financial markets or that sought to compensate for a reduction in RRF grants; points out that some Member States have made limited use of RRF loans, either due to strong fiscal positions or administrative considerations; calls on the Commission to analyse the reasons for the low uptake in some Member States and to consider these findings when designing future EU financial instruments; notes with concern that national financial instruments to implement the NRRPs have not been sufficiently publicised, leading to limited awareness and uptake by potential beneficiaries; considers that a political discussion is needed on the use of unspent funds in the light of tight public budgets and urgent EU strategic priorities; calls for an assessment of how and under which conditions unused RRF funds could be redirected to boost Europe’s competitiveness, resilience, defence, and social, economic and territorial cohesion, particularly through investments in digital and green technologies aligned with the RRF’s original purpose;
AI: Note on change 6 · formal Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Replaces decimal separator in "385.8" with "385,8".
Change 7
Changed20. Notes with concern the Commission’s estimation that the total cost for NGEU capital and interest repayments are projected to be around EUR 25 to 30 billion per year from 2028, equivalent to 15-20 % of the 2025 annual budget ; recalls that recourse to special instruments had to be made in the last three budgetary procedures to cover EURI instrument costs; highlights that the significant increase in financing costs puts pressure on the future EU budget and limits the capacity to respond to future challenges;
AI: Note on change 7 · wording only Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Adds the word "and" between "capital" and "interest" in the phrase about NGEU repayments.
Change 8
Changed45. Takes note of the fact that the Commission had planned to conduct 112 RRF audits in all Member States in 2024; reminds the Commission of its obligation, in accordance with Article 24(3)24(9) of the RRF Regulation, to recover funding in case of incorrect disbursements or reversals of measures;
AI: Note on change 8 · formal Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Updates the article reference from "Article 24(3)" to "Article 24(9)" of the RRF Regulation.
Show 3 more changes
Change 9
Added48. Notes that the ECA considers that the RRF focuses on progress on implementation rather than performance, particularly because RRF-funded measures focus on outputs rather than results, vary in ambition, sometimes lack clarity and do not always cover a measure’s key implementation stages, including completion;
AI: Note on change 9 · substance Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Adds a new paragraph 48 noting that the ECA considers the RRF focuses on implementation progress rather than performance, and that measures focus on outputs rather than results, vary in ambition, lack clarity, and do not always cover key implementation stages.
Change 10
Changed55.56. Highlights the important role of the EPPO and OLAF in protecting the EU’s financial interests; welcomes the fact that EPPO investigations into RRF-related fraud and corruption cases have led to several arrests, indictments and seizures of RRF funds; recalls that the EPPO was handling 307 active cases related to the RRF in 2024, corresponding to about 17 % of all expenditure fraud investigations and causing an estimated damage to the EU’s financial interests of EUR 2.82,8 billion; expects the number of investigations to grow as RRF implementation advances; calls on the Commission to look into the management declarations of the Member States in terms of their reporting of detected fraud and the remedial measures taken;
AI: Note on change 10 · formal Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Renumbers paragraph 55 to 56 and replaces decimal separator in "2.8" with "2,8".
Change 11
Added69. Notes that, according to the ECA, it is essential that future performance-based instruments are not designed and implemented in a way that is detrimental to accountability and, in particular, that appropriate control systems are in place in the Member States and are checked by the Commission before implementation starts; notes that this would involve setting minimum requirements for the Member States’ controls and the Commission’s checks;
AI: Note on change 11 · substance Written by AI from the official text — check the source · deepseek-v4-flash · 4 Sept 2026
Adds a new paragraph 69 noting that, according to the ECA, future performance-based instruments must not be detrimental to accountability, and that minimum requirements for Member States' controls and Commission's checks should be set.
Sources & citation
Where the facts on this page come from, and how to cite it.
- Data source
- Licensed CC BY 4.0.
- Retrieved
- 25 September 2026
Cite as
European Parliament (2025). “Changes between A-10-2025-0098 and TA-10-2025-0128”. Text, 18 June 2025. from A-10-2025-0098, to TA-10-2025-0128, reference 2024/2085(INI). EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/texts/A-10-2025-0098/compare/TA-10-2025-0128 (retrieved 25 September 2026). Data: European Parliament Open Data, https://data.europarl.europa.eu/ (CC BY 4.0).
BibTeX
@misc{epw-text-2025-06-18,
author = {{European Parliament}},
title = {{Changes between A-10-2025-0098 and TA-10-2025-0128}},
year = {2025},
date = {2025-06-18},
howpublished = {\url{https://news.eu-parl.st-solutions.dev/texts/A-10-2025-0098/compare/TA-10-2025-0128}},
url = {https://news.eu-parl.st-solutions.dev/texts/A-10-2025-0098/compare/TA-10-2025-0128},
urldate = {2026-09-25},
publisher = {EU Parl Watch Research},
note = {Text. from A-10-2025-0098, to TA-10-2025-0128, reference 2024/2085(INI). Data: European Parliament Open Data (CC BY 4.0)}
}