Ms Dinka Dinkova:

If I may intervene to provide some clarity, member states are requested to submit their national investment plans by the end of November. The Commission then has to assess and submit a draft Council implementing decision, without any undue delay. It is then really for the Council to assess and take the decision. Subsequently, a loan agreement and operational arrangements will follow. I expect it to be signed in the first quarter of next year.

There will be checks, on the side of the Commission, of the intentions of where member states would like to spend these loans or amounts of money. Ultimately, it is a decision of the Council, through an implementing act, to provide the reassurance.