The Commission is proposing amendments to three EU regulations to ensure that EU funds can be quickly mobilised in support of post-disaster recovery.
The amendments concern theRegulations governing the European Regional Development Fund (ERDF) and the Cohesion Fund (CF), and the European Social FundPlus (ESF+), for the 2021-2027 programming period.
These proposals come as a direct response to the floods affecting Central and Eastern European countries and wildfires in Portugal in September 2024 and include injecting liquidity with increased pre- and co-financing under Cohesion Policy.
The rule of law is one of the common values on which the European Union is founded. European Commission’s rule of law mechanism has so far only examined compliance with the rule of law in the member states in only four areas, but unfortunately not as a prerequisite for economic activity or as a location factor. The own-initiative opinion on the economic dimension of the Rule of Law looks for examples of protectionism and the implementation of discriminatory measures against foreign investors in some member states as non-compliance and circumvention of European regulations leading to enormous distortions of competition for companies operating in the internal market. The economic dimension of the rule of law is not adequately reflected in the European Commission’s Rule of Law Report, which is why the EESC advocates the inclusion of a fifth pillar.
