06/12/2021 (Agence Europe) – The European Commission announced on Monday 6 December the decision to allocate €920.4 million in pre-financing to Ireland under the ‘Brexit Adjustment Reserve’ (BAR). The funding will help the Irish economy to mitigate the impact of Brexit, supporting the Member State’s regions and economic sectors, including job creation and protection, such as short-time working schemes, reskilling and training, the institution says. After heated debate between member states, especially on the matter of the distribution key for the funds (see EUROPE 12743/6), the €5.4 billion reserve was set up to support all Member States, particularly the most affected. Italy is the next Member State expected to benefit from the Reserve before the end of the year, we were told. (PH)