On Wednesday 18 December, the EU Council of Ministers adopted by written procedure two regulations aimed at helping Member States affected by natural disasters (see EUROPE B13547A25).
The regulation (https://aeur.eu/f/ewg) on Regional Emergency Support to Reconstruction (RESTORE) ensures that cohesion policy funds can be mobilised quickly for post-disaster reconstruction. The measures will benefit from an increased maximum cofinancing rate of 95% as well as an additional pre-financing rate...