The European Commission has approved the amendment of four operational programs (OPs), which will increase the available funding for investments from REACT-EU by nearly EUR 562.5 million for Bulgaria, Finland, France, and Lithuania.
Cohesion and Reform Commissioner Eliza Ferreira said: "The funds that the four countries will receive will help them build a bridge to long-term recovery. I encourage other countries to take advantage of the opportunities provided by REACT-EU to help ensure a fair and inclusive recovery, as well as the environmental and digital transition. "
In Bulgaria, the amendment of the Operational Program "Growing Regions" will support long-term infrastructure changes, as well as investments in modern health services.
As part of Europe's NextGenerationEU, REACT-EU provides additional funding by € 47.5 billion (€ 50.5 billion in current prices) for cohesion policy programs in 2021 and 2022. The measures are aimed at supporting the sustainability of the labor market, jobs, SMEs, and low-income families, as well as the environmental and digital transition and sustainable socio-economic recovery.
