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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