NGEU will provide resources for seven EU budgetary instruments under headings 1, 2 and 3 of the MFF, including in the area of cohesion (through the €47.5 billion REACT-EU programme, which will extend the crisis response and repair measures delivered under two Coronavirus Response Investment Initiative packages in 2020). Figure 24 presents the 2021-2023 allocation of resources between the seven instruments, showing that the bulk of funding will go to the Recovery and Resilience Facility (RRF).
Figure 24– Allocation of NGEU resources
Categories:
European Parliamentary Research Service
Related Articles
In focus
We write about
Blogroll
Disclaimer and Copyright statement
The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy.
For a comprehensive description of our cookie and data protection policies, please visit Terms and Conditions page.
Copyright © European Union, 2014-2023. All rights reserved.
Be the first to write a comment.