The Socialists and Democrats (S&Ds) have called on the European Commission to extend funding for the Recovery and Resilience Facility (RRF) beyond its current 2026 deadline. The RRF is a vital EU program aimed at supporting economic recovery in member states following the COVID-19 pandemic.
The S&Ds stress the importance of continuing financial support for ongoing and mature projects to ensure their full and successful completion. The RRF facilitates member countries’ investments in:
- Green transitions
- Digital transitions
- Other critical reforms
By advocating for the extension of funding, the S&Ds seek to:
- Prevent disruptions in progress
- Maximize the effectiveness of ongoing initiatives
- Safeguard jobs
- Promote sustainable growth
- Strengthen the resilience of European economies
The response from the European Commission will play a crucial role in shaping the future of recovery efforts throughout Europe. Stay tuned to Questiqa Europe News for more updates on this development.
About The Author
More Stories
London Sees Sudden Surge in Electric Vehicle Adoption Amid New Government Incentives
Europe Markets on Edge: Geopolitical Tensions and Central Bank Decisions in Focus
Brussels Urged to Extend Funding for Key Recovery Projects Beyond 2026