EU
EU Solidarity Fund: Commission puts forward financial assistance worth €823 million for the Croatia earthquake, floods in Poland and the coronavirus crisis
The European Commission is proposing a package of €823 million in financial support under the EU Solidarity Fund (EUSF) to help rebuilding efforts after the earthquake in Croatia and the floods in Poland. The package will also foresee advance payments to Germany, Ireland, Greece, Spain, Croatia, Hungary and Portugal to support those countries in tackling with the coronavirus health emergency.
Cohesion and Reforms Commissioner Elisa Ferreira (pictured) said: “Thanks to the EU Solidarity Fund, member states and citizens can receive the support they really need, either in the wake of a natural disaster or during a health emergency. Today we have yet another important proof of what EU solidarity actually means, as the beating heart of the European project.”
The European Parliament and the Council will now need to approve the Commission proposal. Once the Commission's proposal is adopted, the financial aid can be disbursed. The EUSF, since 2015, supports EU member states and Accession Countries by offering financial support after severe natural disasters.
As part of the exceptional EU response to the coronavirus outbreak, the scope of the EUSF has been extended to cover major public health emergencies and the maximum level of advance payments was raised to €100 million. A press release is available here.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Health4 days agoCounterfeit cigarettes drive illicit tobacco trade to highest level in a decade, new study claims
-
Libya4 days agoLibya’s fuel crisis offers lessons for energy security on both sides of the Mediterranean
-
Law4 days agoEU Cybersecurity Act could expose member states to costly investment treaty claims, legal opinion warns
-
European Commission4 days agoSpring semester package: Steering EU economies to increased competitiveness
