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Image header Agence Europe
Europe Daily Bulletin No. 12554
EU RESPONSE TO COVID-19 / Cohesion

European Parliament increases REACT-EU’s budget to €55 billion

MEPs on the European Parliament's Committee on Regional Development (REGI) increased the REACT-EU budget to €55 billion in 2018 prices and gave the possibility to extend budget commitments until 2024, in a report adopted on Monday 7 September by an overwhelming majority (37 votes in favour, 0 votes against, 4 abstentions).

The role of the European Parliament is to transform REACT-EU into PROACT-EU”, welcomed co-rapporteur Andrey Novakov (EPP, Bulgaria). “We want to allow the...

Contents

EU RESPONSE TO COVID-19
SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS
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