The European Commission gave a first positive assessment on Wednesday 29 July of how Member States have made use of the flexibilities introduced by the Coronavirus Response Investment Initiative (CRII) to mobilise the cash reserves available in European structural and investment funds (see EUROPE B12446A2).
With the exception of Austria, all Member States, as well as the United Kingdom, have so far made use of or plan to make use of the flexibilities established by the first CRII proposal...