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Table of Contents: I. Introduction: continuity and change in the NGEU. – II. The NGEU: brief overview and main features. – III. Conditionality in the original formulation of the RRF. – III.1. The approval and the implementation of the plans: functioning and institutional balance. – III.2. The goals of conditionality under the RRF and their use by the Commission: theory and practice. – III.3. Summing up: The transformation of conditionality in the RRF. – IV. The shifting features of conditionality: the energy crisis and the RePowerEu Package. – IV.1. The REPowerEU chapters: content and approval. – IV.2. The shifting in the goals of the RRF. – IV.3. The sources of financing of the RePowerEU chapters. – V. The impact of REPowerEU on the distinguishing features of conditionality. – VI. Concluding remarks.
Abstract: In the NGEU, conditionality has changed, both in its goals, connected with far reaching and ambitious objectives, such as the green and the digital transitions, and in its methodology, based on a dialogic and cooperative approach between the Commission and the Member States. However, these features are already shifting due to the need to answer to the latest crisis that the EU is facing: the energy crisis. As part of the REPowerEU Plan, the Recovery and Resilient Facility (RRF) Regulation has been revised, in order for the States to introduce specific energy chapters. While the use of the RRF to address the energy crisis further consolidates this instrument as the preferential means of financing investments in Member States and the dialogic methodology is confirmed, the types of public interests toward which the use of EU financial resources is to be directed and the balance in the different goals of conditionality continues to evolve, and so do the space for solidarity and the redistributive effects of this tool.
Keywords: EU financial interests – Next Generation EU – conditionality – REPowerEU – NGEU – Recovery and Resilient Facility.
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European Papers, Vol. 9, 2024, No 3, pp. 1114-1147
ISSN 2499-8249 - doi: 10.15166/2499-8249/802
* Associate Professor, University of Rome Tor Vergata, maurizia.debellis@uniroma2.eu.
