Coronavirus Response

The Commission has announced the first provisional results of the implementation of the Coronavirus Response Investment Initiative (CRII) and (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 the coronavirus pandemic, through the ERDF and…

EU Aid for Flood Damage in Italy

The European Commission granted €211.7 million from the  EU solidarity fund to Italy following the extreme weather damages in late October and November 2019.  This EU assistance will contribute to alleviate the extraordinary financial burden of the severe damages caused by floods and landslides, including the flooding in Venice.  It will finance retroactively the restoration of…

SURE provides financial support to 16 Member States

The European Commission has presented a proposal to the council for a decision  to grant €5.9 billion in financial support to Portugal under the SURE instrument.  This follows  Monday’s proposals  to the Council for decisions to grant financial support of €81.4 billion to 15 Member States under the SURE instrument. Including Portugal, the Commission is now proposing…

Rail Investment in the Kraków-Zakopane corridor

The European Commission has approved an investment of over €234 million from the  cohesion fund to upgrade almost 117km of the Skawina-Zakopane railway line in Southern Poland.  The project will improve the quality, efficiency and safety of railway transport between the towns of Skawina and Zakopane, and more generally on the Kraków-Zakopane corridor. Commissioner for…

How to Use REACT-EU Fund

In letters to EU Ministers responsible for Cohesion policy, Commissioner for Cohesion and Reforms, Elisa Ferreira, and Commissioner for Jobs and Social Rights, Nicolas Schmit, have clarified how Member States can make use of the REACT-EU fund.  The fund is part of Next Generation EU and will focus on supporting labour market resilience, jobs, SME’s and low-income…

Lisbon Metro Improvements Set to Cut CO2 Emissions

The European Commission has approved an investment of €83 million from the cohesion fund to improve the metro network in Lisbon, Portugal.  The project will improve the connection, efficiency and safety of the metro lines. It will better link Lisbon’s busy Yellow line, which serves the area with the highest employment density, with the Green line,…