COMMISSION IMPLEMENTING DECISION of 18.6.2026 on the authorisation of the disbursement of the fourth instalment of the non-repayable support for Romania

EUROPEAN COMMISSION Brussels, 18.6.2026 C(2026) 4355 final COMMISSION IMPLEMENTING DECISION of 18.6.2026 on the authorisation of the disbursement of the fourth instalment of the non-repayable support for Romania (Only the Romanian text is authentic) EN EN  COMMISSION IMPLEMENTING DECISION of 18.6.2026 on the authorisation of the disbursement of the fourth instalment of the non-repayable support for Romania (Only the Romanian text is authentic) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Regulation (EU) 2021/241 of the European Parliament and of the Council of 12 February 2021 establishing the Recovery and Resilience Facility1, and in particular Article 24(5) thereof, Whereas: (1) In accordance with Article 4(2) of Regulation (EU) 2021/241, the specific objective of the Recovery and Resilience Facility is to provide Member States with financial support with a view to achieving the milestones and targets of reforms and investments as set out in their recovery and resilience plans. (2) Council Implementing Decision of 29 October 2021 on the approval of the assessment of the recovery and resilience plan for Romania2 (the ‘Council Implementing Decision’) provides that the Union is to release instalments in accordance with the Financing Agreement conditional on a decision by the Commission, taken in accordance with Article 24(5) of Regulation (EU) 2021/241, that Romania has satisfactorily fulfilled the relevant milestones and targets identified in relation to the implementation of the recovery and resilience plan. (3) On 19 December 2025, Romania submitted a request for payment, accompanied by a management declaration and a summary of audits. The request concerned the fourth instalment of the non-repayable support. Pursuant to Article 24(3) of Regulation (EU) 2021/241, the Commission assessed on a preliminary basis whether the relevant milestones and targets set out in the Council Implementing Decision had been satisfactorily fulfilled. For the purpose of this assessment, the operational arrangements concluded between the Commission and Romania3 in accordance with Article 20(6) of Regulation (EU) 2021/241, were taken into account. (4) Section 2(1)(4) of the Annex to the Council Implementing Decision provides the relevant milestones and targets that are to be satisfactorily fulfilled for the fourth instalment of the non-repayable support for an amount of EUR 2 620 279 973. 1 OJ L 57, 18.2.2021, p. 17. 2 ST 12319/21; ST 12319/21 ADD; as amended by ST15833/23; ST 15833/23 ADD 1; ST 14452/25; ST 14452/25 ADD1, not yet published. 3 Recovery and Resilience Facility Operational arrangements between the European Commission and Romania, entered into force on 25 May 2022, as amended on 24 November 2025. EN 1 EN  (5) On 14 May 2026, the Commission adopted a positive preliminary assessment of the satisfactory fulfilment of all 62 relevant milestones and targets related to the non- repayable support (the ‘Positive Preliminary Assessment’)4. In accordance with Article 24(4) of Regulation (EU) 2021/241, the Commission provided the Positive Preliminary Assessment to the Economic and Financial Committee asking for its opinion on the satisfactory fulfilment of the relevant milestones and targets. On 2 June 2026, the Economic and Financial Committee agreed with the Positive Preliminary Assessment and was of the opinion that Romania had satisfactorily fulfilled all 62 relevant milestones and targets associated with the payment request. The Commission has taken the opinion of the Economic and Financial Committee into account for its assessment. (6) In accordance with Article 25(4) of Regulation (EU) 2021/241, the Commission also provided the competent committee of the European Parliament with an overview of its preliminary findings concerning the satisfactory fulfilment of the relevant milestones and targets. (7) The evidence provided by Romania demonstrates that milestones 60, 122, 123, 163, 169, 172, 201, 207, 209, 228, 235, 273, 345, 348, 365, 392, 397, 402, 406, 415, 423, 432, 437, 469, 479 and 523 and targets 154, 182, 223, 224, 263, 275, 284, 285, 287, 350, 367, 375, 403, 427, 429, 435, 524 and 525 have been satisfactorily fulfilled. On the basis of the due justification provided, the aforementioned milestones and targets should be considered as satisfactorily fulfilled. (8) The evidence provided by Romania demonstrates that milestones 41, 202, 214, 238, 239, 441 and 441a and targets 119, 219, 252, 369, 386 and 395 have been satisfactorily fulfilled with minimal deviations from their established requirements. On the basis of the due justification provided, the aforementioned milestones and targets should be considered as satisfactorily fulfilled. (9) The evidence provided by Romania demonstrates that milestones 24, 41, 274 and 352 and target 386 have been satisfactorily fulfilled by interpreting their requirements in accordance with their wording, in light of their context and purpose. On the basis of the due justification provided, the aforementioned milestones and target should be considered as satisfactorily fulfilled. (10) With respect to milestones 59 and 452 and target 369, the Commission considered that there are clerical errors in the text of the Council Implementing Decision and undertook the assessment on a revised basis. The evidence provided by Romania demonstrates that milestones 59 and 452 and target 369 have been satisfactorily fulfilled. On the basis of the due justification provided, the aforementioned milestones and target should be considered as satisfactorily fulfilled. (11) Furthermore, Romania has also confirmed that previously satisfactorily fulfilled milestones and targets have not been reversed. (12) Following the fully positive assessment concerning the Romania’s payment request, in accordance with Article 24(5) of Regulation (EU) 2021/241, the disbursement of the financial contribution for the fourth instalment of the non-repayable support should be authorised. 4 Endorsed by the College of Commissioners on 14 May 2026 as C(2026)3432 and published 70615f41- 7451-49ab-a093-9b332cd5079e_en. EN 2 EN  (13) In accordance with Article 2(3) of the Council Implementing Decision, as specified in the Financing Agreement, the pre-financing of the financial contribution shall be cleared by being proportionally deducted against the payment of the instalments. As Romania received EUR 2 139 237 912 of the financial contribution as pre-financing, an amount of EUR 368 798 022 of the payment should be utilised to clear the pre- financing, of which EUR 80 461 788 to clear the pre-financing for the REPowerEU chapter. (14) This Decision should be without prejudice to procedures relating to distortions of the operation of the internal market that may be undertaken, in particular under Articles 107 and 108 of the Treaty on the Functioning of the European Union. It does not override the requirement for Member States to implement the measures in accordance with Union and national law and, in particular, to notify instances of potential State aid to the Commission under Article 108 of the Treaty on the Functioning of the European Union. (15) The measures provided for in this Decision are in accordance with the opinion of the Committee established by Article 35(1) of Regulation (EU) 2021/241, HAS ADOPTED THIS DECISION: Article 1 Authorisation of the disbursement of the non-repayable support The disbursement of the fourth instalment of the non-repayable support as laid down in Section 2(1)(4) of the Annex to the Council Implementing Decision of 29 October 2021 on the approval of the assessment of the recovery and resilience plan for Romania for an amount of EUR 2 620 279 973 is authorised. In accordance with the Financing Agreement concluded pursuant to Article 23(1) of Regulation (EU) 2021/241 between the Commission and Romania, EUR 368 798 022 shall be utilised to clear the pre-financing of the financial contribution. EUR 2 251 481 951 shall be provided to Romania by means of payment to the bank account indicated in the Financing Agreement. Article 2 Addressee This Decision is addressed to Romania Done at Brussels, 18.6.2026 For the Commission Valdis DOMBROVSKIS Member of the Commission EN 3 EN