Latvia receives third payment under the Recovery and Resilience Facility

During the event, European Commissioner for Economy, Productivity, Implementation and Simplification, Valdis Dombrovskis, presented the official confirmation of the €293 million disbursement to Minister of Finance Arvils Ašeradens. The event was also attended by Minister for Education and Science, Dace Melbārde, as well as the rectors of the University of Latvia and Riga Technical University.

Minister Melbārde highlighted the impact of the RRF in the fields of education and science:

“Providing laptops to students and creating new, extensive opportunities for study and research in the fast-changing field of digital solutions is already laying a strong foundation for Latvia’s digital transformation. These initiatives help ensure access to education that matches the demands of today’s labour market, supports well-paid employment, and promotes innovation and entrepreneurship. We can be proud that investments are not only enabling new technologies but also strengthening collaboration between universities to develop internationally competitive areas of expertise in high-level digital solutions.”

In the first stage of the RRF, Latvia achieved 9 milestones and received €201 million; in the second stage, 43 milestones and €336 million. Also at this third stage, in this third stage, the completion of 38 milestones has delivered tangible results in all six reform area, including ​​"Digital Transformation", which the Language Technology Initiative is a part of.

The venue of the event – ​​the Science House of the University of Latvia – was chosen purposefully, as the University of Latvia, together with Riga Technical University and cooperation partners, is implementing strategically important, high-level digitalization projects for Latvia. 17 million euros have been allocated from the Recovery and Resilience Facility for three ambitious initiatives (projects): the Quantum Technology Initiative, the Language Technology Initiative and the High-Performance Computing Technology Skills Acquisition Project.

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