Author (Corporate) | Council of the European Union |
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Series Title | Official Journal of the European Union |
Series Details | L 109, Pages 1-5 |
Publication Date | 08/04/2022 |
Content Type | Legislation, Policy-making |
Summary: Regulation (EU) 2022/562 - formally signed off by the co-legislators on 6 April 2022 - introducing amendments to Regulation (EU) No 1303/2013 and Regulation (EU) No 223/2014 as regards Cohesion's Action for Refugees in Europe (CARE). Further information: Regulation (EU) No 1303/2013 sets out the common principles, rules and standards for the operation of the European Structural and Investment Funds (ESI Funds) for the Multiannual Financial Framework (MFF) 2014-2020. Regulation (EU) No 223/2014 establishes the Fund for European Aid to the Most Deprived (FEAD) for the same period. This draft law provided for exceptional and targeted changes to this legal framework in response to Russia's invasion of Ukraine and the impact on the European Union (EU) and several of its eastern regions, and also to the impact of the COVID-19 (coronavirus) pandemic on the EU as a whole. In order to alleviate the burden on national budgets, it became necessary to extend to the accounting year 2021-2022 the temporary possibility of 100% co-financing from the EU budget for the implementation of cohesion policy programmes and programmes supported by the FEAD. Resources from the ESI Funds become available for any type of measure to support people fleeing Ukraine. Reporting and programme modifications are simplified. The proposed Regulation was tabled by the European Commission on 8 March 2022. The Council of the European Union endorsed it on 16 March, followed by the plenary of the European Parliament on 24 March via urgent procedure. The Act was formally signed by the co-legislators on 6 April 2022 and published in the Official Journal on 8 April 2022. |
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Source Link | Link to Main Source http://data.europa.eu/eli/reg/2022/562/oj |
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Subject Categories | Internal Markets |
Subject Tags | Cohesion Policy, European Structural and Investment Funds [ESIF], Multiannual Financial Framework [MFF], Public Health, Regional Dimension, Wars | Conflicts |
Keywords | COVID-19 (Coronavirus), European Regional Development Fund [ERDF], European Social Fund [ESF], Fund for European Aid to the Most Deprived [FEAD], MFF 2014-2020, War in Ukraine (2022-) |
International Organisations | European Union [EU] |