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Coronavirus response - 03.04.2020
Cohesion funds to receive much-needed flexibility to fight COVID-19 This is good news. On 2 April 2020, the European Commission presented a second set of financial measures to mitigate the socio-economic impact of the COVID-19 outbreak. The proposals include much more flexibility for the use of structural and investment funds.
In practical terms, it means possible transfer of funding resources between the different cohesion policy funds, a temporary 100% financing from the Commission (thus, no local co-financing is required) and a much-needed loosening of administrative requirements.
CEMR spokespersons for territorial development welcomed the ...
In practical terms, it means possible transfer of funding resources between the different cohesion policy funds, a temporary 100% financing from the Commission (thus, no local co-financing is required) and a much-needed loosening of administrative requirements.
CEMR spokespersons for territorial development welcomed the ...
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