Funds & Financial Instruments

Question 1

Just Transition Fund

Answer 1

17.5bn to support people and regions most affected by the transition towards climate neutrality

Question 2

Ukraine Facility

Answer 2

The overall amount of the Facility is proposed to be up to €50 billion for the period from 2024 to 2027 for all types of support.

Question 3

European Peace Facility

Answer 3

off-budget financial instrument

established by Council Decision in March 2022

Question 4

PCI

Answer 4

Project of Common interest

since 2014 - important project of common interest (IPCEI) - inclusion of communication technology & microelectronics

Question 5

Recovery & Resilience Facility

Answer 5

560bn

Nov 2020 prices: 723 billion
338 in grants
385 in loans

Question 6

Horizon Europe budget

Answer 6

for 2021 - 2027

95bn with 5.4 bn from NextGenEU

Question 7

When was a multiannual financial perspective developed?

Answer 7

1988

Delors I package

for budgetary implementation of Single European Act

Question 8

Biggest & Second biggest expenditure share in the COM budget? (Including NextGenEU)

Answer 8

Cohesion = 1099bn, then natural resources & environment 373bn