The European Commission will not accept extending the deadline for the Recovery and Resilience Plan (PRR), even taking into account the damage caused by Storm Kristin, which claimed five lives. “The Recovery and Resilience Mechanism (MRR) cannot and will not be extended,” an official Commission source told ECO. This mechanism "is subject ...
Storm Kristin: Brussels rejects extending PRR deadline despite disaster
Friday, 30 January 2026RSS
Context & Explainers
The Recovery and Resilience Plan (Plano de Recuperação e Resiliência) is Portugal's national programme under the EU's NextGenerationEU to fund reforms and investments after COVID‑19; the plan includes roughly €16.6 billion in grants plus about €2.7 billion in loans approved in 2021. Payments are tied to specific milestones and targets — which the government said it is politically committed to meet — so missed milestones can delay projects and funding that affect public works, contractors and local services.
