The Socialists and Democrats (S&Ds) in the European Parliament have urged the European Commission to maintain funding for ongoing projects under the Recovery and Resilience Facility (RRF) beyond 2026. The RRF is a vital financial instrument designed to support EU countries in recovering from the impacts of the COVID-19 pandemic.
Importance of Continued Support
The S&Ds emphasize the importance of continuing support for mature projects that have already shown progress under the RRF. These projects play a crucial role in building sustainable and resilient economies across Europe.
Areas Benefiting from Extended Funding
Continuing funding would ensure that significant initiatives in the following areas can reach completion without interruption:
- Green energy
- Digital transformation
- Social infrastructure
The Socialists and Democrats argue that cutting funding prematurely could undermine the EU’s recovery and long-term growth goals.
Context and Future Implications
This call comes as the European Commission prepares its future budget plans, with debates intensifying over post-2026 financial frameworks. Maintaining support for successful RRF projects aligns with the EU’s commitment to economic stability and social welfare.
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