EU Cohesion policy: €133.4 million for Bulgaria and Sweden to tackle the social and economic impact of the coronavirus crisis

(Source: EU Commission)

EU Cohesion policy: €133.4 million for Bulgaria and Sweden to tackle the social and economic impact of the coronavirus crisis

The Commission has approved the modification of three operational programmes (OPs) under REACT-EU to provide €75.9 million to Bulgaria and €57.5 million to Sweden to help tackle the effects of the pandemic. Commissioner for Jobs and Social Rights, Nicolas Schmit, said: “The coronavirus has put our social fabric to the test and has hit the most vulnerable people the hardest. The EU is showing solidarity by supporting the provision of aid in these difficult times and promoting social inclusion.” Commissioner for Cohesion and Reforms, Elisa Ferreira, said: “The decisions approved today are the result of good policy measures. They will provide much needed investment resources for the post-coronavirus crisis move to a green and digital recovery.” The Bulgarian programme for the Fund for European Aid to the Most Deprived (FEAD) will receive an extra €19.9 million in 2021 to provide daily warm meals to 50,000 people from vulnerable groups living in poverty. This is the first amendment of a FEAD OP under REACT-EU. In addition, the Bulgarian programme ‘Science and Education for Smart Growth’, co-financed by the European Social Fund (ESF) and the European Regional Development Fund (ERDF), will be topped up with €56 million to support distance learning. At least 10% of students and teachers will receive laptops or tablets and 30% of teachers will receive training in online teaching. In Sweden, the Commission has approved the modification of an OP that will increase the funding available for investments by nearly €57.5 million. The amendment of the national OP co-financed by the ERDF will support the sustainable green and digital transition of the Swedish SMEs that were most negatively impacted by the crisis, such as from the tourism and hospitality sectors. REACT-EU is part of NextGenerationEU and provides €50.5 billion additional funding over the course of 2021 and 2022 to programmes under the ERDF, the ESF and the FEAD. 

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