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Coronavirus Response Investment Initiative

Solidarity Fund: €823 mln approved for 8 EU member states

3 mins read

The FINANCIAL —On Monday, Budgets Committee Members approved €823 million in EU aid for the Croatia earthquake, floods in Poland, and the coronavirus crisis. The €823 million in aid from the European Union Solidarity Fund (EUSF) will be distributed as follows: More than €132.7 million to be made in advance payments to Germany, Ireland, Greece, Spain, Croatia, Hungary, and Portugal in response to the major public health emergency caused by the COVID-19 pandemic in early 2020. Croatia will receive €683.7 million to help the country deal with the devastating effects of the earthquake in Zagreb and the surrounding area in March 2020.…

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Solidarity Fund: €823 mln approved for 8 EU member states

3 mins read

The FINANCIAL —On Monday, Budgets Committee Members approved €823 million in EU aid for the Croatia earthquake, floods in Poland, and the coronavirus crisis. The €823 million in aid from the European Union Solidarity Fund (EUSF) will be distributed as follows: More than €132.7 million to be made in advance payments to Germany, Ireland, Greece, Spain, Croatia,…

Coronavirus Response Investment Initiative provisional results are out

3 mins read

Today, the European Commission announces the first provisional results of the implementation of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII+). From the beginning of the crisis, and thanks to the flexibility introduced in the Cohesion Policy, the EU mobilised over €13 billion in investments to tackle the effects of…