On Monday 14 March, the European Commission approved €2 billion for 12 Member States under the Brexit Adjustment Reserve (BAR).
The Member States concerned are: Belgium (€305.2 million ); - Estonia (5.1); - Spain (215); - France (581); - Croatia (5,6); - Latvia (8.6); - Malta (35); - the Netherlands (700); - Austria (21.8); - Portugal (64.2); - Romania (34); - Sweden (108.5).
This decision will allow, through pre-financing, the disbursement of €819.2 million by the end of March 2022. The remainder will be disbursed in 2023. Member States may use the funding until 31 December 2023 to cover expenditure incurred and paid since 1 January 2020 to address the economic consequences of Brexit.
This is the second announcement under RAB after the one for Ireland and Italy on 6 December. As a reminder, the co-legislators agreed in 2021 (see EUROPE 12791/21) on a three tranche system of approximately €1.7 billion in 2021, €1.3 billion by April 2022, and €1.3 billion by April 2023.
The remainder - €1.1 billion - will be paid in 2025 to reimburse eligible costs actually incurred. (Original version in French by Pascal Hansens)