Reallocating European funds

File photo.

The authorities is considering the reallocation of European resources from the 2021-2027 National Strategic Reference Framework program, amounting to €2.6 billion, to projects and programs that service Brussels’ caller priorities: housing, water, defense, vigor upgrading, competitiveness.

The so-called midterm reappraisal of the NSRF follows the trends and needs of today’s reality, arsenic shaped by the war successful Ukraine, the vigor crisis, the lodging crisis, clime alteration and the competitiveness deficit. Therefore, the caller priorities were defined, based connected which member-states are invited to redistribute 10% of each of their programs.

At the aforesaid time, different reallocation of EU resources is under way successful the discourse of the caller reappraisal of the Recovery Fund, with the purpose – successful this lawsuit – of not losing funds owed to unimplemented milestones oregon projects that are not expected to beryllium completed by the extremity of the fund, successful August 2026.

For this review, European Commission officials Deputy Director-General for Economic and Financial Affairs Declan Costello and Celine Gower, director-general of the Commission’s Task Force connected Reforms and Investments, will beryllium successful Athens adjacent week.