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EU Recovery Plan: An additional 516 million euros for Austria

by AI | 27.Nov 2025 | Europe in brief AI

Austria has already received 84 percent of its funds from the EU Recovery Plan of NextGenerationEU. The total amount of around four billion euros is to be reached by 2026.

Archive photo - Austria receives funds from NextGenerationEU. EFE/EPA/OLIVIER HOSLET/Archive

Brussels (APA) – The EU Commission approved the disbursement of 515.5 million euros under the NextGenerationEU recovery plan to Austria on Wednesday. The application includes reforms such as improving working conditions in long-term care, a repair bonus program, and investments in 17,500 photovoltaic systems on residential buildings. The Austrian recovery plan, which amounts to around four billion euros, has achieved a disbursement rate of 84 percent.

As a result, the funds disbursed to Austria under the Recovery and Resilience Facility amount to 3.33 billion euros, including 492 million euros in pre-financing, according to the EU Commission. This amount corresponds to 84 percent of all funds provided for in the Austrian plan, with 74 percent of all planned milestones and targets having been achieved. The total sum of around four billion euros for Austria is to be disbursed in the form of grants by 2026. These are performance-based.

So-called “milestones” and “target values” must be achieved; Austria must accomplish 171 by 2026. With the first payment request, 44 targets have already been ticked off. 1.15 billion euros went to 27 reform and 32 investment projects, focusing on sustainability and digitalization, but also social and cultural accents. The second payment request of 1.6 billion euros concerned reforms aimed at supporting investment initiatives in the areas of digitalization, health, pensions, taxation, and phasing out fossil heating systems.

The goal is a more sustainable and crisis-resistant Europe

The Recovery and Resilience Facility was created to support Europe in the aftermath of the COVID-19 pandemic. It is the centerpiece of the recovery instrument NextGenerationEU. According to the Commission, the fundamental goal is to make Europe more sustainable, digital, and crisis-resistant. A total of up to 672.5 billion euros (at 2018 prices) is to flow to support investments and reforms. Of this, 312.5 billion euros are earmarked for grants and 360 billion euros for loans. (26.11.2025)