On 12 February 2021, Ursula von der Leyen, President of the European Commission, attended the Lex Signing ceremony on Recovery and Resilience Facility in the European Parliament in Brussels, Belgium.
The Recovery and Resilience Facility (the Facility) will make €672.5 billion in loans and grants available to support reforms and investments undertaken by Member States. The aim is to mitigate the economic and social impact of the coronavirus pandemic and make European economies and societies more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transitions.
This video shows extracts of the meeting between Ursula von der Leyen, David Maria Sassoli, President of the European Parliament, and António Costa, Portuguese Prime Minister on behalf of the Presidency of the Council of the EU.