EU Member States are urged to use the new financing instrument, the REACT-EU initiative, to support regional and local economies as a response to the coronavirus health crisis, to safeguard the economy and move towards recovery. But how can EU Member States use it best to deliver effective programmes and projects?
It requires from Member States modification of current programmes, improved project selection, reinforced partnership, as well as attention to the current rule book. Member States need to act quickly to make sure that they can use the EU funds in time. They must be careful to ensure that the money is used in the right places, for the right goals, and in the right way.
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