The Commission will grant a total of €311 million to Germany, France and Latvia by modifying four European Fund for Regional Development (ERDF) operational programmes (OP) under REACT-EU.
- 02 July 2021
These OP amendments will help the Member States and regions concerned to deal with the economic and social impact of the coronavirus pandemic and boost a fair green and digital recovery.
In Germany, in Schleswig-Holstein, €35 million will be invested in strengthening the health sector by expanding digitalization, reinforcing the start-up and innovation ecosystems, speeding up the digital transformation in science and economy and in the recovery of the tourism sector. In Saarland, €24.1 million of additional resources will support the recovery of the region via, for example, investments in research projects at research institutions and universities.
In Latvia, €183 million of additional resources will be mainly invested in the renovation of multi-apartment buildings to increase their energy efficiency, in the resilience of the healthcare system to epidemics and in small and medium-sized enterprises (SMEs) via financial instruments.
Finally, in France, the region of Pays de la Loire will receive an additional amount of €69 million. These resources will be used, for example, to support the digital transition by promoting e-education and the development of e-administration, research infrastructures and equipment, in particular in the fields of energy transition. The funds will be also invested in the health sector and digitalisation, as well as to support the integration of long-term unemployed, low-skilled and young people in the labour market.
REACT-EU is part of NextGenerationEU and provides €50.6 billion additional funding (in current prices) over the course of 2021 and 2022 to Cohesion policy programmes. Measures focus on supporting labour market resilience, jobs, SMEs and low-income families, as well as setting future-proof foundations for the green and digital transitions and a sustainable socio-economic recovery.