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Coronavirus response: €1.11 billion from the EU cohesion policy to help Spain fight the pandemic’s effects

The European Commission has approved the modification of four operational programmes in Spain, that will allow the mobilisation of more than €1.11 billion of the European Regional Development Fund (ERDF) to tackle the coronavirus crisis. Commissioner for Cohesion and Reforms, Elisa Ferreira, commented: “No region can be left to fight the pandemic alone. I am glad that Spain continues to make good use of the flexibility offered by the Coronavirus Response Investment Initiative packages. We are tirelessly working with all the relevant authorities in Europe to make available all the funding possible to tackle the emergencies.”

date:  18/11/2020

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The co-financing rate in all four operational programmes is temporarily increased to 100% to help beneficiaries overcome liquidity scarcity in the implementation of their projects. 

Until today, 19 ERDF operational programmes in Spain have reallocated funds to fight the consequences of the pandemic. The European Commission’s Coronavirus Dashboard provides detailed information on EU Cohesion policy’s response to the crisis. 

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