Regulation (EU) 2020/2221 amending Regulation (EU) No 1303/2013 as regards additional resources and implementing arrangements to provide assistance for fostering crisis repair in the context of the COVID-19 pandemic and its social consequences and for preparing a green, digital and resilient recovery of the economy (REACT-EU).

Subject

General

Keyword

Special fund Subsidy/incentive Social protection Risk assessment/management

Geographical area

European Union Countries

Entry into force notes

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

Abstract

This Regulation makes several amendments by laying down rules and implementing arrangements regarding the additional resources provided as Recovery Assistance for Cohesion and the Territories of Europe (‘REACT-EU’) to provide assistance for fostering crisis repair in the context of the COVID-19 pandemic and its social consequences and for preparing a green, digital and resilient recovery of the economy. Under REACT-EU, an additional financial support will be made available to support those Member States and regions that are most affected by crisis repair in the context of the COVID-19 pandemic and its social consequences and Member States should use the REACT-EU resources primarily to support access to the labour market and social systems, through job creation and quality employment, in particular for people in vulnerable situations, and for social inclusion and poverty eradication measures.

Full text

English

Website

eur-lex.europa.eu

References - Legislation

Amends

Regulation (EU) No. 1303/2013 of the European Parliament and of the Council laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund.

Legislation | European Union | 2013

Keyword: Special fund, Agricultural development, Subsidy/incentive, Climate change, Gender

Source: FAO, FAOLEX

Implemented by

Commission Implementing Regulation (EU) No 288/2014 laying down rules pursuant to Regulation (EU) No 1303/2013 and Regulation (EU) No 1299/2013 on specific provisions for the support from the European Regional Development Fund to the European territorial cooperation goal with regard to the model for cooperation programmes under the European territorial cooperation goal.

Legislation | European Union | 2014 (2021)

Keyword: Rural employment, Special fund, Policy/planning

Source: FAO, FAOLEX