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Commission greenlights Austria's final payment request of €306 million under NextGenerationEU

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Press release

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Today, the European Commission positively assessed Austria's fifth and final payment request for €306 million under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU.

With this fifth and final payment request, Austria joins the group of Member States having reached 100% of reforms and investments linked to its recovery and resilience plan - corresponding to €3.96 billion. This marks a major milestone in the implementation of the RRF and shows Austria's commitment to delivering reforms and investments under its plan.

The Commission found that Austria has satisfactorily completed all the outstanding 8 milestones and 10 targets set out in the Council Implementing Decision.

This final request completes the delivery of reforms and investments under the Austrian plan, including in key areas such as the decarbonisation of businesses, sustainable mobility, circular economy and biodiversity, as well as innovation and culture.

Flagship measures in this payment request include:

  • Promoting the clean transition by financing 19 major projects that cut greenhouse gas emissions in industry and transport. These include investments to improve energy efficiency in industrial production and replace gas with renewable energy. It also involves the improvement of parts of the new Koralm railway, which cuts travel time between Graz and Klagenfurt from three hours to just 45 minutes and helps move freight from road to rail.
  • Expanding high-speed broadband access across Austria by investing in gigabyte-capable networks for more than 80,000 households, leading to improved digital inclusion in rural areas.
  • Strengthening research and innovation and fostering Austria's long-term competitiveness by funding research infrastructures and collaborative projects in quantum computing, as well as innovation in the microelectronics and hydrogen sectors.

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    September 29, 2026 14:00
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