Since the process was significantly delayed by last year's Swedish government crises, an approval is now ready.

"I am proud that the Next Generation EU (the formal name of the support, editor's note) will make a significant contribution to supporting Sweden to become climate neutral as soon as possible," said Commission President Ursula von der Leyen in a press release.

"Good news for Sweden: our approval of the plan for recovery and resilience will not only pave the way for 3.3 billion euros in grants but also the implementation of important reforms and investments," it says in turn from Economic Commissioner Paolo Gentiloni.

First payment after the summer

Sweden's plan was tentatively completed already in the early summer of last year, but was then changed a couple of times due to the government crises in the summer and autumn and the new agreements reached in connection with it.

The measures in the plan are not new, but those that have already been decided in previous budgets.

- We have chosen to focus on measures that we have already discussed with the Commission, because it is a faster way forward, said Minister of Finance Mikael Damberg (S) when the government submitted the plan just over a month ago.

The next step will now be for the plan to be approved by other member states of the EU Council of Ministers as well.

Thereafter, an initial disbursement of the money, of approximately SEK 11 billion, is expected during the third quarter of this year.