Source: European Parliament
On 18 February 2025, the study “Performance-based instruments – possible improvements in their design” will be presented to CONT Members by the authors. It will be followed by an exchange of views.
With the adoption and implementation of the Recovery and Resilience Facility (RRF), the first large-scale performance based instrument (PBI) was established. PBIs require a different way of working from the Commission, and a different way of exercising scrutiny by the Parliament. The study provides an overview of experience so far and draws lessons for the future.