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.
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