Finland’s Recovery and Resilience Plan

Distribution of funding under Finland’s national recovery plan: green transition EUR 695 million, digital transformation EUR 190 million, employment and skills 575 million and health and social services EUR 353 million.

EU Member States must present a national Recovery and Resilience Plan (RRP) in order to receive funding from the Recovery and Resilience Facility (RRF). The Plan forms part of the Sustainable Growth Programme for Finland.

For the Sustainable Growth Programme, the Government has selected investment projects and reforms that can achieve a long-term positive impact. The aim is to promote structural adjustment of the economy through particular packages of measures.

The preparatory work has focused on major packages with a significant impact rather than distributing resources among projects that are too small and have too little impact. The reforms are aimed at encouraging private investment and supporting systemic solutions.
Finland’s Recovery and Resilience Plan is centred on four priorities:

  1. Green transition
  2. Digitalisation
  3. Employment and skills
  4. Health and social services.

Finland’s Recovery and Resilience Plan was published on 26 May 2021. The European Commission published a positive assessment of Finland’s Recovery and Resilience Plan on 4 October 2021. The finance ministers of the EU Member States discussed Finland’s plan in their video conference on 28 October. The Council of the EU formally approved the plan by written procedure on 29 October 2021.

Finland's share of funding from the EU's Recovery and Resilience Facility will decrease to EUR 1.8 billion at current prices, because Finland’s economy has developed better than forecast. The Ministerial Working Group on Sustainable Growth in Finland outlined in June 2022 how Finland's Recovery and Resilience Plan will be updated to reflect this change.

The Government approved Finland’s proposal for the updated Plan on 26 January 2023, and the Ministry of Finance delivered it to the EU. The European Commission will assess the updates and the Council of the European Union will then approve them.

Finland's Recovery and Resilience Plan (Institutional Repository for the Government)

Finland submits updated recovery plan to the European Union (press release 26 January 2023)

Finland’s proposal for the updated Recovery and Resilience Plan (in Finnish)

Implementation and surveillance of Finland's Recovery and Resilience Plan (State Treasury, in Finnish)

Actual costs of Finland's Recovery and Resilience Plan (Exploreadministration.fi, in Finnish)

Proposal for an implementing decision and other EU documents (European Commission)

The European Flag with a text Funded by the European union – Next Generation EU.