A significant part, 150 billion euros, i.e., the NRRP loans, must be repaid

Omissions

• The speaker conflated total disbursements (150 billion euros paid out by March 2023) with the actual loan amount that must be repaid (217 billion euros).
• The RRF consists of both grants (360 billion euros, non-repayable) and loans (217 billion euros, repayable).
• The loans are allocated to Member States under their National Recovery and Resilience Plans (NRRPs), but the total across all Member States is 217 billion euros, not 150 billion euros.

Sources

• PrimaryEuropean Commission - Recovery and Resilience FacilityRRF at end-January 2026 stood at EUR 577 billion. This breaks down to EUR 360 billion in grants and EUR 217 billion in loans.
• PrimaryEuropean Commission - Press Release IP/23/2068The Commission has now disbursed over 150 billion euros to Member States under the Recovery and Resilience Facility (RRF) as of March 2023.