|Author (Corporate)||Council of the European Union, European Parliament|
|Series Title||Official Journal of the European Union|
|Series Details||L 275, Pages 30-32|
|Content Type||Legislation, Policy-making|
Regulation (EU) 2022/2039 - formally adopted by the co-legislators on 19 October 2022 - introducing amendments to Regulation (EU) No 1303/2013 and Regulation (EU) 2021/1060 as regards additional flexibility to address the consequences of the war in Ukraine.
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) 2021/1060 sets out common provisions for seven shared management funds in the framework of the Multiannual Financial Framework (MFF) for the period 2021-2027.
This Regulation introduces amendments to this framework to allow for the implementation of an additional set of supporting measures named Flexible Assistance to Territories - FAST-CARE.
The draft law was tabled by the European Commission on 29 June 2022, alongside a Communication providing an overview of this set of measures introduced by FAST-CARE. Its need arose from Russia's decision to invade Ukraine, which brought new and unexpected challenges for the European Union (EU). Support was already being provided under Cohesion's Action for Refugees in Europe (CARE). In addition, the European Commission paid €3.5 billion of pre-financing under REACT-EU and further simplified the mobilisation of funds. The envelope of REACT-EU funds had been made available to address the arising needs.
However, stakeholders still requested for further support as the situation further deteriorated. FAST-CARE aims to offer maximum flexibility for the implementation of Cohesion Policy investments. It also aims to contribute to mitigate the delayed implementation of EU-funded projects due to the combined effect of COVID-19 pandemic and the high energy costs, shortage of raw materials and labour force exacerbated by the war.
The Council of the European Union adopted its general approach on 20 July. The European Parliament adopted the draft law on 4 October without presenting further amendments. The Act was signed by the co-legislators on 19 October 2022, which was published in the Official Journal on 25 October 2022.
|Subject Categories||Internal Markets|
|Subject Tags||Asylum | Refugees, Cohesion Policy, European Structural and Investment Funds [ESIF], Multiannual Financial Framework [MFF], Wars | Conflicts|
|Keywords||MFF 2014-2020, MFF 2021-2027, War in Ukraine (2022-)
|International Organisations||European Union [EU]|