The European Commission will receive 100% funding for cross-border programs with Ukraine and Moldova. The new funding mechanism will be applied retrospectively.
The European Commission will finance cross-border cooperation projects in Eastern Partnership countries, which have been suspended as a result of the Russian war against Ukraine. This is reported on the website of the European Commission.
“Russia’s brutal and unjustified aggression in Ukraine has halted many cross-border projects and seriously jeopardized several programs critical to the development of neighboring EU regions, as well as the people of Ukraine and Moldova. With this proposal, we will create new opportunities that will allow us to extend many of these projects, despite unfavorable conditions,” said Elisa Ferreira, European Commissioner for Regional Development and Reform.
It is assumed that the European Commission will receive 100% funding for cross-border programs with Ukraine and Moldova, the implementation of which is very important for the development of social infrastructure in border regions, including support for schools , hospital, social care authorities. and institutions.
It was noted that for projects in Ukraine and Moldova, the new financing mechanism will be applied retrospectively, from February 24, 2022, the date of the start of the full-scale invasion of the Russian Federation.
The relevant projects that the EU has with Belarus and Russia can only be implemented on the European side of the border under current conditions.
The EC noted that the proposals submitted relate to 13 cross-border projects and two transnational cooperation programs involving nine EU member states on the one hand, Ukraine and Moldova, as well as Belarus and Russia on the other .
Recall that the EU Council said what 500 million aid for Ukraine will be spent.
It was also reported that the EU officially announced new sanctions against the Russian Federation.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.