Social Sciences
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EU boosts funding to tackle pandemic impact on struggling economies.

Helping to spend it wisely: REACT-EU and the challenges of good projects. EIPA briefing October 2020.
Marco Lopriore

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The EU has introduced initiatives like CRII, CRII+, and REACT-EU to help Member States deal with the economic impact of the pandemic. REACT-EU provides €47.5 billion to support countries based on their economic situation and the impact of the crisis, especially on youth unemployment. Member States can use existing structures to implement the funding quickly. They will integrate REACT-EU funds into current programs, with some countries adding new priorities or creating new programs.