To provide the maximum possible assistance to the Member States, the implementing conditions for these additional resources are very generous and flexible.
- No national co-financing is required for this funding. That means that the EU will provide 100% support if Member States so wish.
- A high level of pre-financing is proposed to ensure that the lack of liquidity does not impose a bottleneck to the quick roll-out of this support. Member States will be encouraged to use this additional high pre-financing to provide advance payments to beneficiaries.
- This allocation can be spent in any category of region, the scope of support is wide and transfers among ERDF and ESF are always possible.
- There is no ex-ante conditionality or thematic concentration.
The additional resources should clearly target the geographic areas where support is most needed. These include Member States and regions whose economy has been hardest hit by the pandemic and have the least capacity to bounce back. Funds should reinforce their crisis response capacity, and help their economies and societies both weather the situation and lay foundations for a swift recovery.