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MNI BRIEF: Stream Of NRPs Seen; 12 In Next Week: EU Official

BRUSSELS (MNI)

A "steady stream" of National Recovery Plans are likely to be submitted to the EU Commission in coming weeks, with around "12 or so" likely to be submitted in the next 7 days, a senior EU official told MNI Friday. The official said that it was "important to get it right" rather than rushing the Commission's assessment of the plans, which is expected to take around two months.

"We emphasis quality over speed," he added.

Portugal submitted the first plan to the Commission on Thursday.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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