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EU approves final €504 million payment for Latvia

Original: Commission greenlights Latvia’s fifth and final payment request for €504 million under NextGenerationEU

The European Commission has approved Latvia's fifth and final payment request of €504 million under the NextGenerationEU recovery instrument. The decision confirms that Latvia met the milestones and targets required under its national recovery and resilience plan, unlocking the remaining instalment of EU pandemic-recovery funding for Riga.

Why now: Approval of the final recovery-funds instalment is fresh EU budget news affecting Latvia's public finances.

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• Commission greenlights Latvia’s fifth and final payment request for €504 million under NextGenerationEU · The European Sting

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