Coronavirus Response Investment Initiative
20/3/2020
The Coronavirus outbreak presents a major challenge to the entire European Union.
Cohesion Policy funding and the EU Solidarity Fund will play a central role in the Coronavirus Response Investment Initiative. The initiative announced by President Ursula von der Leyen last week seeks to mobilise all existing EU budget resources to provide financial support to Member States for their immediate response to the Coronavirus crisis and its long-term impact.
On 18 March 2020 Commissioners Elisa Ferreira responsible for Cohesion and Reforms and Nicolas Schmit responsible for Jobs and Social Rights have sent letters to all the EU countries to inform them on the individual support they can receive under the Coronavirus Response Investment Initiative (CRII).
The letters, available in the page Coronavirus Response Investment Initiative, provide details on the amounts available for each country, the type of expenditure newly eligible under the EU structural and solidarity funds - for instance to support health systems, procure medical equipment or ensure access to healthcare for vulnerable groups, and the current possibilities to mobilise financing through ERDF and ESF.
For more information:
Last modification date:
27/3/2020
