On Tuesday, 24 May, the European Commission and Romania signed the first-ever agreement on creating a ‘Member State compartment’ under the InvestEU programme, which has taken over from the ‘Juncker Plan’ for investment during the 2021–2027 period (see EUROPE B12674A8).
The ‘Member State compartment’ allows Member States and regional authorities in that EU country to allocate a share of the resources from the InvestEU programme to projects addressing market failures in...