23.03.2022

To support Member States welcoming and accommodating refugees fleeing the war in Ukraine, the Commission has today proposed to increase by €3.4 billion the total pre-financing from the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU). Once adopted by co-legislators, this immediate injection of liquidity, in combination with the flexibility introduced by Cohesion's Action for Refugees in Europe (CARE), will speed-up Member States' access to funds to spend on infrastructure, housing, equipment and services in employment, education, social inclusion, healthcare and childcare.

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Date: 23.03.2022

Source: European Commission

Readed: 4364