Written by Agnieszka Widuto (2nd edition, updated on 13.03.2019),
The European Commission adopted the proposal on the establishment of the Reform Support Programme on 31 May 2018, as part of the package for the upcoming multiannual financial framework for 2021-2027. The programme will provide financial and technical support for Member States to implement reforms aimed at increasing the resilience of their economies and modernising them, including priority reforms identified in the European Semester.
The overall budget for the programme is €25 billion. It comprises three elements: a reform delivery tool (financial support); a Technical Support Instrument (technical expertise, building on the current Structural Reform Support Programme 2017-2020); and a convergence facility (preparation for adopting the euro). The Reform Support Programme will be open to all Member States on a voluntary basis, with no co-financing required.
In the European Parliament, the Committee on Economic and Monetary Affairs (ECON) and Committee on Budgets (BUDG) are working jointly on this file under Rule 55 of Parliament’s Rules of Procedure. A vote in the joint committee meeting is expected on 1 April 2019, with a vote in plenary thereafter, during the second April 2019 part-session.
- March 2019: Reform Support Programme 2021 2027 (2nd edition)
|Proposal for a regulation of the European Parliament and of the Council on the establishment of the Reform Support Programme|
|Economic and Monetary Affairs (ECON) and Budgets (BUDG) (jointly under Rule 55)
Caroline Nagtegaal (ALDE, the Netherlands)
Eider Gardiazabal Rubial (S&D, Spain)
|COM(2018) 391 of 31.5.2018
Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)
|Next steps expected:||Joint committee vote|