Recommendations to better implement the Coronavirus Response Investment Initiatives

The European Commission has presented an important set of financial measures to mitigate the impact of the COVID-19 outbreak: the Coronavirus Response Investment Initiatives (CRII and CRII+). These will capitalise on still unspent cohesion funds to contribute to the response to the coronavirus in EU Member States.

The CRII initiatives introduce more flexibility to allow Member States to use cohesion funds to buy medical supplies, as well as to finance economic and social support for SMEs and workers most impacted by the crisis.

These are steps in the right direction, but CRII and CRII+ can be further improved. CEMR President Stefano Bonaccini has sent a letter to the European Commission outlining our recommendations to ensure their implementation in Europe’s territories.

Read the full article here.