This document is an excerpt from the EUR-Lex website
NextGenerationEU is a temporary European Union (EU) €750 billion financial instrument created to help repair the immediate economic and social damage in the wake of the COVID-19 pandemic.
It is at the heart of the EU response to the coronavirus crisis and aims to support economic recovery and build a greener, more digital and more resilient future.
NextGenerationEU is made up of:
To finance NextGenerationEU, the European Commission, on behalf of the EU, will borrow on the capital markets.
All amounts referred to above are in 2018 prices.