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German Recovery and Resilience Plan (GRRP)

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The Covid-19 crisis constitutes one of the biggest challenges in the history of the European Union and the Federal Republic of Germany in terms of its impact on health, society and the economy. The European Union has taken robust action in response to the crisis during Germany’s EU Council Presidency. With the recovery instrument “Next Generation EU“, which amounts to €750 billion, and its largest funding instrument – the Recovery and Resilience Facility (RRF), worth €672.5 billion – the foundations have been laid to emerge together from the crisis even stronger than before.

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