And that's only the first financial aid tranche received by the Grand Duchy. In total, about 82 million will be required to implement the stability program reform reform. This money will be used to transform several key areas of life at once.
The first 26 million will be spent on reforming environmental legislation, the labor market, healthcare and the fight against money laundering.
The decision on the following requests will be made by the Recovery and Resilience Fund, which finances such reforms. To this end, the fund will be meeting with the EU Finance Committee and assessing the effectiveness of Luxembourg's implementation of the goals already set.