EC receives more than 600 requests for support under SRSP for 2020

In the coming weeks, the Commission will assess them and select new projects

Photo: EPA Vice-President Valdis Dombrovskis, responsible for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union

The European Commission has received 609 requests for support under the Structural Reform Support Programme (SRSP) for next year. The requests come from 27 Member States, extend across a range of sectors, and have an estimated total cost of €243.5m.

"Advancing reform agendas that strengthen economic resilience and prepare for future challenges is of utmost importance for all EU countries, especially in these challenging times for economic growth. All Member States can count on support from the European Commission when designing and implementing these reforms," Vice-President Valdis Dombrovskis, responsible for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union, commented.

The SRSP offers expertise to all EU countries for the implementation of growth-enhancing reforms, covering a wide range of areas – from reforms of public administration, to business environment, labour market, health, education, social services, revenue administration, public financial management and financial sector reform. The support is based on demand and is tailor-made for the beneficiary Member State.

Since the start of the programme in 2017, the demand for support by the SRSP has been increasing steadily; from 6 participating Member States then to 27 now. During that time the programme has then provided support for more than 550 projects.

In the coming weeks, the Commission will assess the newly-received requests for support and select new projects in early 2020.

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