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Step one of the recovery plan is underway – MEPs confirm React-EU in plenary | EURACTIV PR
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React-EU will, therefore, have no less than €47.5 billion in additional resources. The Socialists and Democrats have been at the forefront of negotiations, ensuring that React-EU will be able to provide additional funding for the most important sectors in order to contribute to green, digital and resilience crisis-repair measures." /> <meta name="keywords" content=", jobs, brussels jobs, london jobs, recruitment, eu jobs, jobsite, public affairs jobs, manager director, european parliament jobs, european commission jobs, policy officer, communication officer" /> <meta property="og:type" content="article" /> <meta property="og:description" content="Members of the European Parliament will confirm today the first measure of the Next Generation EU recovery plan that provides extra financial capacity to support European recovery after the Covid-19 crisis. React-EU will, therefore, have no less than €47.5 billion in additional resources. 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about="/pr/step-one-recovery-plan-underway-meps-confirm-react-eu-plenary-210589" typeof="sioc:Item foaf:Document" class="node node-ea-pr node-promoted node-published node-not-sticky author-annak odd clearfix" id="node-ea-pr-210589"> <div class="ea_node_title_container"> <div class="company_logo"><img typeof="foaf:Image" src="http://pr.euractiv.com/sites/default/files/styles/ea_company_list/public/S%26D_0.png?itok=sgRWuDlQ" alt="" /></div> <div class="ea_node_title_and_company"> <h2 class="node-title">Step one of the recovery plan is underway – MEPs confirm React-EU in plenary</h2> <span property="dc:title" content="Step one of the recovery plan is underway – MEPs confirm React-EU in plenary" class="rdf-meta element-hidden"></span> <div class="company_name"><a href="/company/sd-socialists-democrats-european-parliament-7882">S&D - Socialists and Democrats</a></div> </div> </div> <div class="node-print-container"> <div class="node-print-links"> <span class="print_html"><a href="http://pr.euractiv.com/print/pr/step-one-recovery-plan-underway-meps-confirm-react-eu-plenary-210589" title="Display a printer-friendly version of this page." class="print-page" rel="nofollow">Printer-friendly version</a></span> </div> <div class="node-addthis-link"> </div> </div> <div class="content clearfix"> <span class="print-link"></span><div id="node_ea_pr_full_group_ea_pr_info"class = "ea_node_info_pane clearfix group-ea-pr-info field-group-div"><div id="node_ea_pr_full_group_pr_info_left"class = "ea_subpane_left group-pr-info-left field-group-div"><div id="node_ea_pr_full_group_ea_pr_date"class = "ea_dates_field ea_info_pane_field group-ea-pr-date field-group-div"><h3><span>Date</span></h3><div class="field field-name-field-ea-shared-date field-type-datetime field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single" property="dc:date" datatype="xsd:dateTime" content="2020-12-15T00:00:00+01:00">15 Dec 2020</span></div></div></div></div><div id="node_ea_pr_full_group_ea_pr_links"class = "ea_links_field ea_info_pane_field group-ea-pr-links field-group-div"><h3><span>Links</span></h3><div class="field field-name-field-ea-shared-links field-type-link-field field-label-hidden"><div class="field-items"><div class="field-item even"><a href="https://www.socialistsanddemocrats.eu/newsroom/step-one-recovery-plan-underway-meps-confirm-react-eu-plenary">More information here</a></div></div></div></div></div><div id="node_ea_pr_full_group_pr_info_right"class = "ea_subpane_right group-pr-info-right field-group-div"><div id="node_ea_pr_full_group_ea_pr_sections"class = "ea_section_field ea_info_pane_field group-ea-pr-sections field-group-div"><h3><span>Sections</span></h3><div class="field field-name-field-ea-shared-section-tref field-type-taxonomy-term-reference field-label-hidden"><div class="field-items"><div class="field-item even">Euro & Finance</div></div></div></div></div></div><div id="node_ea_pr_full_group_ea_pr_description"class = "ea_pr_description_field ea_node_description_field group-ea-pr-description field-group-div"><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p style="text-align: justify;">Members of the European Parliament will confirm today the first measure of the Next Generation EU recovery plan that provides extra financial capacity to support European recovery after the Covid-19 crisis. React-EU will, therefore, have no less than €47.5 billion in additional resources. The Socialists and Democrats have been at the forefront of negotiations, ensuring that React-EU will be able to provide additional funding for the most important sectors in order to contribute to green, digital and resilience crisis-repair measures.</p> <p style="text-align: justify;"><strong>Constanze Krehl MEP, S&D spokeswoman on regional development and the European Parliament’s co-rapporteur on the file, said:</strong></p> <p style="text-align: justify;">“I am glad that the plenary is giving the go ahead for React-EU. This programme, with a budget of €47.5 billion is a strong European reaction to the Covid crisis. It puts a focus on the regions and people who have been hit hardest by the pandemic: to maintain existing jobs and to create new ones, to strengthen health systems and to support hard-hit sectors like culture and tourism. By supporting projects retro-actively, from February 1st 2020, React-EU is a smart and unbureaucratic tool for regions to cope with Covid-19 and its consequences. Personally I am also happy that all spending has to respect the UN’s Sustainable Development Goals, as well as the Paris Climate Agreement – this should have been self-explanatory, but it took a lot of hard negotiations to bring member states in line.”</p> <p style="text-align: justify;"><strong>Rovana Plumb MEP, S&D vice-president, said:</strong></p> <p style="text-align: justify;">“Our Group has always been at the forefront of calls for a swift and meaningful EU reaction, showing that the European Parliament is ready to step in and properly address the pandemic and its consequences for the benefit of our citizens.</p> <p style="text-align: justify;">“Throughout the negotiations, we have always focused on the social component of React-EU. Additional resources need to go to youth employment, education and skills, social inclusion and health in particular. And in doing so, we must make sure that no disadvantaged group is left behind.</p> <p style="text-align: justify;">“Health, tourism and culture are also areas where special attention will be paid. 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