Approves 2 2 billion pre-financing commission for 12 member states

The Commission approved the payment of 2 2 billion to a group of 12 member states from the Brexit Adjustment Reserve. Under this decision, a total of 19 819.2 million will be disbursed by the end of March 2022 and the remaining amount will be available by April 2023. These funds will enable savings member states to mitigate the adverse effects of Brexit on their economies and territories. Supports sectors, economies and small and medium enterprises, creates and protects jobs through measures such as unemployment partial, retraining and training.

M^Me Elisa FerreiraThe Cohesion and Reforms Commissioner said:Brexit has adversely affected the lives of many EU citizens. The Brexit Adjustment was created and approved during the Reserve Record to help member states mitigate the negative economic, social and regional repercussions of Brexit. Member States should make the most of the available funds to assist regions, local communities, citizens, small and medium enterprises with the aim of diversifying operations, retaining jobs and retraining workers if necessary.⁇

The pre-financing trench under the Brexit Adjustment Reserve will be extended to the following member states:

Member State	Annual pre-financing amounts based on provisional contributions to member states, At EUR / current prices (circular)
Member State	2021	2022	2023
Belgium	119 986 195	91 789 457	93 625 219
Estonia	2 053 378	1 570 835	1 602 251
Spain	84 563 081	64 690 770	65 984 566
France	228 303 007	174 651 835	178 144 821
Croatia	2 231 823	1 707 345	1 741 491
Latvia	3 397 565	2 599 138	2 651 120
Malta	13 756 900	10 524 031	10 734 508
Netherlands	275 097 478	210 449 612	214 658 542
Austria	8 601 197	6 579 917	6 711 514
Portugal	25 252 296	19 318 010	19 704 365
Romania	13 396 968	10 248 682	10 453 653
Sweden	42 657 129	32 632 710	33 285 355
Total	819 297 017	626 726 342	639 297 405

Member States can use the funds until 31 December 2023 and bear the costs from 1^Is January 2020.

Next steps

The Commission is ready to expedite the processing of decisions regarding the Brexit Adjustment Reserve for the remaining member states, ensuring that they benefit from the support under the Reserve and inviting those Member States to inform the referred information without delay. In Article 14 (1) (d) of the Brexit Adjustment Reserve Regulation.

Context

All member states are affected by Brexit, but in different ways, some member states, regions, regions or local communities are more affected than others. The Brexit adjustment reserve was 5.4 billion euros Institution To support all member states by giving priority to the most affected. The financial contribution made to a Member State under the Reserve will be implemented under shared management. It is not conditional on programming or pre-planning of actions, but allows for a certain flexibility in implementing the principle of subsidiaries. Restrictions on the establishment of the Reserve came into force on October 6, 2021.

In December 2021, Ireland and Italy became the first member states to receive funding from the Brexit Adjustment Reserve. By the end of March 2022, 14 member states will have access to the first phase of pre-financing.