COVID-19: Commission boosts budget for repatriation flights and rescEU stockpile

Portfolio
The European Commission has recently proposed to make EUR 75 million from the EU budget available to help Member States repatriate EU nationals and to increase the budget of the RescEU medical stockpile.  

RescEU stockpile

This European Commission proposal will increase the total budget of the first ever rescEU stockpile of medical equipment (ventilators, protective masks and essential medical gear) to EUR 80 million.

Background

The Commission is putting forward a draft amending budget – a proposal to reorganise part of the EU spending for the year in line with the latest priorities – to secure funding for these operations.

The draft amending budget also foresees:

  • €350 million of migration management assistance to Greece, to add to the extra €350 million emergency assistance already being deployed, in line with the commitment of President von der Leyen during her visit to Greece;
  • €3.6 million for the the European Centre for Disease Prevention and Control to enhance the capacity to identify, assess and communicate threats to human health from communicable diseases, and in particular to increase the expert capacity in the light of the coronavirus crisis;
  • €100 million to help Albania recover from the devastating earthquake on 26 November 2019, part of the €115 million Commission pledge and the total pledge of €1.15 billion;
  • €3.3 million additional funding for the European Public Prosecutors' Office (EPPO) to boost its 2020 budget. The money will, for example, enable EPPO to recruit more quickly qualified staff and to buy IT equipment to start processing the first cases. Together with case-management support for EPPO mobilised already earlier this year, EPPO's total funding increase for 2020 is therefore at 48%.

Next steps

The European Parliament and the Council are now invited to approve the budgetary changes as quickly as possible, to make sure the money can go where the needs are the most pressing.

 

More in Economy

2024-2025-os-tanev-rendje-2024-es-tanev-2025-os-tanev-2024-oszi-szunet-2024-teli-szunet-2025-teli-szunet-2025-tavaszi-szunet-2025-nyari-szunet-2025
July 22, 2024 16:25

One third of Hungarian students have high financial literacy

First time participating in PISA Financial Literacy Assessment

July 22, 2024 15:12

Fuel prices to be lowered in Hungary

On Tuesday

gyár termelés worker
July 22, 2024 11:42

Blue-collar wages rise sharply in Hungary

According to new report

mnb magyar nemzeti bank
July 22, 2024 11:15

Hungary cenbank not to start new phase now, seen cutting rates again

Analysts believe monetary easing will continue on Tuesday

makronaptár tőzsde óraátállítás
July 22, 2024 08:36

Weakened markets may fall further this week - all eyes on the US again

What should traders and inverstors watch out for this week?

állami egészségügy kórház beteg sérült
July 19, 2024 13:00

Hungarian health care lacks thousands of billions - MOK Secretary General

Tamás Svéd spoke of the healthcare's current situation in an interview

LATEST NEWS

Detailed search