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The EU's Corona Support - Soon on Its Way to Sweden

After many twists and turns, the government hopes to be able to request a first payment from the EU's large coronavirus fund, RRF, before the turn of the year.

» Updated: 08 October 2024, 12:21

» Published: 08 October 2024

The EU's Corona Support - Soon on Its Way to Sweden
Photo: Johan Nilsson/TT

It feels very good. Now the EU Commission will work with this and then we will submit several payment applications for what is already finished and implemented, and what is coming, says Finance Minister Elisabeth Svantesson (M) in connection with Tuesday's EU finance minister meeting in Luxembourg.

Sweden's support from RRF has been significantly delayed after the change of government and changes in the plan for what Sweden wants to use the money for. But on September 19, everything was finally submitted to the EU Commission. However, it will likely take until next year before a first payment can be made.

It depends on how fast the Commission is. If it goes as we hope, we will be able to submit a first payment application before the New Year, says Svantesson.

The support fund RRF has been created jointly by EU countries to get the economy going again after the pandemic. In total, it contains approximately 7,000 billion Swedish kronor, which has been given in both loans and grants to member states. For Sweden's part, it's about around 39 billion Swedish kronor in grants.

We will get the money we are entitled to, says the Finance Minister.

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By TTThis article has been altered and translated by Sweden Herald

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