The first Coronavirus Response Investment Initiative package adopted by the EU concentrated on the immediate mobilisation of structural funds, to allow for a prompt response to the crisis.
A new package complements the first one by introducing extraordinary flexibility to allow that all non-utilised support from the European Structural and Investment Funds can be mobilised to the fullest.
This flexibility is provided for through: transfer possibilities across the three cohesion policy funds (the European Regional Development Fund, European Social Fund and Cohesion Fund).
More information can be founf¡d the European Commission web site