Ireland has requested almost €1bn in grants from the EU’s €750bn pandemic recovery fund. The money has to be approved by the European Commission and EU governments before it can be paid out, and is subject to strict conditions. The money is conditional on EU-recommended reforms that are published each spring, which for Ireland include improvements on housing, tax and clean energy. The European Commission is to publish an updated set of recommendations on Wednesday. The Department for Public Expenditure and Reform said Ireland is expected to receive around €915m in grants in 2021 and 2022, with a further set to be allocated in 2023.

Source: Irish Independent May 28, 2021 18:45 UTC