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Next Generation EU: Investing for the next generation, a major recovery plan.

date:  20/06/2020

On 27 May 2020, the European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all Member States, the European Commission is proposing to create a new recovery instrument, Next Generation EU, embedded within a powerful, modern and revamped long-term EU budget.

Within the first pillar of the recovery package (supporting Member States to recover, repair and emerge stronger from the crisis), the budget for the European Agricultural Fund for Rural Development will be reinforced by  €15 billion to support rural areas in making the structural changes necessary in line with the European Green Deal. This will also help achieve the ambitious targets in line with the new biodiversity and Farm to Fork strategies.

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