Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Clear: Applying for 40 billion from EU fund

The Government is clear with its application to receive 40 billion kronor from the EU's recovery fund. The Finance Minister hopes that the funds will start being paid out to Sweden next year.

Published: 17 September 2024
Clear: Applying for 40 billion from EU fund
Photo: Claudio Bresciani/TT

Elisabeth Svantesson was on Tuesday in the Finance Committee to talk about the application that the government will decide on Thursday.

To receive the 40 billion kronor Sweden is entitled to from the fund, certain requirements must be met. Among other things, 37 percent of the money must be used for climate transformation.

After the reduction obligation for blending biofuels in petrol and diesel was significantly lowered, the old application needed to be updated.

We agree with the EU Commission that the reduction obligation was right to remove due to it becoming very expensive for people. The fund is about supporting the social and economic consequences after the pandemic, says Svantesson.

Instead, the government is adding two other measures to the application and the accompanying recovery plan. One is the legislation that is underway to speed up environmental assessments and environmental permits. The other measure is the profession program that will come into effect next year and involves an investment in teachers and headmasters.

We fulfill all parts with this and agree with the Commission that these are two good measures to add, says Svantesson.

We hope to start receiving money next year.

The Recovery Fund has been financed by EU countries. Sweden contributed 150 billion kronor.

People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

The Union on Kinberg Batra's Departure: "Feels Right"
2 MIN READ

The Union on Kinberg Batra's Departure: "Feels Right"

Man arrested suspected of attempted murder in Luleå
1 MIN READ

Man arrested suspected of attempted murder in Luleå

Kinberg Batra gets fired – trust is lacking
2 MIN READ

Kinberg Batra gets fired – trust is lacking

Chief Prosecutor Takes Over Criticized Authority
1 MIN READ

Chief Prosecutor Takes Over Criticized Authority

Expert: She broke the law "a bit crosswise"
2 MIN READ

Expert: She broke the law "a bit crosswise"

The Crisis Worsens in Sudan – Sweden Increases Support
1 MIN READ

The Crisis Worsens in Sudan – Sweden Increases Support

Kinberg Batra's Crisis
3 MIN READ

Kinberg Batra's Crisis

One person dead in single-vehicle accident in Kumla
1 MIN READ

One person dead in single-vehicle accident in Kumla

Convicted of knife attack on 15-year-old in subway
1 MIN READ

Convicted of knife attack on 15-year-old in subway

Lawyer cheated the elderly – the court reduces the sentence
1 MIN READ

Lawyer cheated the elderly – the court reduces the sentence

Murdered Man Identified
1 MIN READ

Murdered Man Identified

Kristersson: Hatred towards Jews is worse than towards Islam
1 MIN READ

Kristersson: Hatred towards Jews is worse than towards Islam

Despite Heavy Criticism: Proposal for Anonymous Witnesses
3 MIN READ

Despite Heavy Criticism: Proposal for Anonymous Witnesses

Local V-Board Resigns in Protest
1 MIN READ

Local V-Board Resigns in Protest

Accident Investigation: This is how the fire started at Oceana
2 MIN READ

Accident Investigation: This is how the fire started at Oceana

The Government: Large Families to Receive Less Benefits
2 MIN READ

The Government: Large Families to Receive Less Benefits

New Swedish yes to "chat control"
3 MIN READ

New Swedish yes to "chat control"

Hand Grenade Defused by Police in Malmö
1 MIN READ

Hand Grenade Defused by Police in Malmö

The Foreign Minister: Israel has the right to defense
1 MIN READ

The Foreign Minister: Israel has the right to defense

Teenager dies after being hit by a car
1 MIN READ

Teenager dies after being hit by a car