Thread by @SMuresan

Finished negotiations on the €672,5 bn European Recovery and Resilience Facility in the @Europarl_EN.
We propose to prolong the program from 3 to 4 years, to increase prefinancing from 10% to 20% to help more and faster. 1/8

We propose six priorities for #EU #COVID19 Recovery and Resilience Facility: #greening, #digital, economic #competitiveness and #cohesion, #social cohesion, institutional resilience, #youth.
40% climate mainstreaming and 20% digital mainstreaming. 2/8

The EU Recovery Facility shall have a strong link with the European Semester and shall implement country specific recommendations. #EU Member States 🇪🇺 need reforms to overcome this crisis and avoid being hit hard by any next crises. 3/8

We, @Europarl_EN, support the allocation criteria decided by the @EUCouncil in July, but obviously ban financing recurring budgetary expenditures.
Recovery Fund is for #investments not for political populism. 4/8

We propose a strong role for the #EU Antifraud Office @OLAFPress, for @EUProsecutor, for @EUauditors, clear #RuleOfLaw mechanism and transparency of beneficiaries. 5/8

Countries need to respect commitments. If a #EU Member State does not achieve sufficient #progress towards the milestones agreed, the @EU_Commission is empowered to recover the pre-financing and to de-commit funds. 6/8

The agreement reached will be supported at least by @EPPGroup @TheProgressives @RenewEurope and @GreensEFA.
Vote in @EP_Economics and @EP_Budgets on 9 Nov, plenary mandate for final negotiations with @EUCouncil @EU2020DE on 12 Nov. 7/8

.@Europarl_EN shall have an equal role with @EUCouncil in approval of national plans of reforms & investments. We shall scrutinise national plans & spending decisions of @EU_Commission & make sure that EU taxpayers' money is used correctly to strengthen economies in the long run.