The Commission has approved an amendment to the Competitiveness and Cohesion Operational Program, which diverts almost 135m euros in cohesion policy funds to help Croatia combat the effects of the coronavirus crisis. Specifically, 50m euros from EU funds will be earmarked for the purchase of medical and protective equipment for more than 1,200 hospitals, other healthcare facilities and nursing homes, while almost 85m euros will be made available to Croatian SMEs to continue business and job rescue. In addition, the program will be temporarily co-financed with 100% of the EU budget.
Cohesion and Reform Commissioner Elisa Ferreira said: Cohesion policy has an important role to play in responding to the pandemic and fostering sustainable recovery. Thanks to the joint and rapid efforts of the Croatian authorities and the Commission, these resources provide much-needed assistance and support to the country's health sector and economy. The changes are possible thanks to the extreme flexibility of the Investment Initiative in Response to Coronavirus (CRII) and the Investment Initiative Plus in Response to Coronavirus (CRII +), which allows Member States to use cohesion policy funding to support the sectors most vulnerable to the pandemic and its economic consequences. , such as health, SMEs and labor markets. More information is available here.