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Brussels Urged to Extend Funding for Key Recovery and Resilience Projects Beyond 2026

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The Socialists and Democrats (S&D) group in the European Parliament has urged the European Commission to continue funding ongoing projects under the Recovery and Resilience Facility (RRF) beyond the year 2026. The RRF serves as a key EU instrument designed to address the economic and social repercussions of the COVID-19 pandemic.

The S&D group stresses the following points:

  • The necessity to support mature projects until their full completion to ensure maximum benefit for European citizens.
  • That prematurely ending funding could undermine progress and reduce the impact of investments in member states.

The RRF has played a crucial role in supporting multiple sectors, such as:

  • Green energy initiatives
  • Digital transformation efforts
  • Social infrastructure development

Extending the financial backing of the RRF will provide stability and confidence for EU countries continuing their recovery journeys. The S&D group’s appeal reflects their commitment to Europe’s long-term recovery and resilience and might shape future EU funding strategies for sustainable development.

For ongoing developments, stay tuned to Questiqa Europe News.

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