The European Commission has approved €654 million to Spain and Hungary under REACT-EU following the modification of two European Social Fund (ESF) Operational Programs (OP).
According to an announcement by the European Commission, in Hungary, the national OP 'Human Resource Development' will receive an additional EUR250 million for purchasing 13 million doses of COVID-19 vaccines authorised by the European Medicines Agency. The additional funding will also be used to provide financial compensation to around 7,000 doctors and nurses who worked extra hours during the pandemic.
REACT-EU is part of NextGenerationEU and provides EUR 50.6 billion additional funding (in current prices) over the course of 2021 and 2022 to Cohesion policy programs.
Measures focus on supporting labour market resilience, jobs, SMEs and low-income families, as well as setting future-proof foundations for the green and digital transitions and a sustainable socio-economic recovery.
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