Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU approves rapid funding response to Russia’s war in Ukraine

    EU approves rapid funding response to Russia’s war in Ukraine

    npsnps18 October 2022
    — Filed under: EU Funding EU News European Council Headline2 Ukraine
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU approves rapid funding response to Russia's war in Ukraine

    Refugees – Photo © European Union 2022

    (LUXEMBOURG) – The EU Council adopted a legislative package Thursday to step up support for European states in managing the effects of Russia’s war in Ukraine, including hosting more Ukrainian refugees.

    The new measures increase flexibility in the use of EU cohesion policy funds to channel resources towards supporting refugees, while taking into account the budgetary constraints faced by member states and ensuring maximum efficiency of support.

    The legislative amendments also address the delayed implementation of some projects due to high energy prices and market disruptions caused by the war, compounded by the long-lasting consequences of the COVID-19 pandemic for project implementation. Some of the specific measures adopted today include:

    • a further €3.5 billion of pre-financing for projects to provide additional liquidity from the 2014-2020 programmes
    • extending the possibility of obtaining 100% co-financing for investment in promoting the socio-economic integration of third-country nationals
    • extending the possibilities for transferring resources for actions to support refugees not only between the European Regional Development Fund and the European Social Fund, but also from the Cohesion Fund
    • retroactively reimbursing projects dealing with refugee-related needs that have already been completed
    • ring-fencing 30% of the expenditure on refugees for local authorities and civil society organisations operating in local communities

    In practice, the new measures will facilitate the financing of a wide range of actions to support people fleeing the war, ranging from providing first reception and accommodation to ensuring refugees’ access to healthcare and the labour market. They will also ensure sufficient direct support for those providing the first line of assistance to refugees in local communities.

    In addition, the measures make it easier to phase delayed projects from the 2014-2020 programmes to the 2021-2027 programmes.

    The EU co-legislators agreed on these legislative changes through a fast-track procedure, in order to provide a rapid response to urgent needs on the ground, making no amendments to the Commission proposal submitted at the end of June.

    The legislative changes will enter into force following their publication in the Official Journal.

    Regulation amending Regulations (EU) No 1303/2013 and (EU) 2021/1060 as regards additional flexibility to address the consequences of the military aggression of the Russian Federation (FAST-CARE)

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EEB logo

    Policy Officer for Chemicals, European Environmental Bureau, EEB

    Science Europe logo

    Policy Officer – R&I EU Legislation and Advocacy, Science Europe

    Roxana Mînzatu - Photo by Lukasz Kobus © European Union 2026

    EU looks to tackle poverty and homelessness

    Trade port cargo - Image by Pexels from Pixabay

    Retail and wholesale sector welcomes additional clarity, asks for timely publication of delegated regulation

    Sponsor: EuroCommerce5 May 2026
    Antonio Costa - Nikol Pashinyan - Ursula von der Leyen in Armenia - Photo © European Union 2026

    EU forges deeper economic, security ties with Armenia

    Deforestation - Image by Robert Jones from Pixabay

    Commission review shuts down calls to roll back EU Deforestation Regulation

    Sponsor: WWF4 May 2026
    LATEST EU NEWS
    Roxana Mînzatu - Photo by Lukasz Kobus © European Union 2026

    EU looks to tackle poverty and homelessness

    6 May 2026
    Antonio Costa - Nikol Pashinyan - Ursula von der Leyen in Armenia - Photo © European Union 2026

    EU forges deeper economic, security ties with Armenia

    5 May 2026
    Deforestation - Photo by Annie Spratt on Unsplash

    EU presses on with deforestation law but exempts leather imports

    4 May 2026
    Mercosur signing - Maros Sefcovic - Photo © European Union 2026

    EU-Mercosur interim trade deal to enter into provisional application

    30 April 2026
    Pet dog at vet - Image by Tima Miroshnichenko on Pexels

    Green light for first EU rules to protect cats and dogs

    28 April 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?