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Internal Market, Industry, Entrepreneurship and SMEs

REACT-EU

This webpage covers the REACT-EU strictly as part of funding projects related to tourism.

Why is it relevant to tourism?

As a part of the NextGenerationEU, REACT-EU provides an additional €50.6 billion (in current prices) to foster development in the wake of the COVID-19 pandemic and its social consequences. It also aims to prepare a green, digital and resilient recovery of Europe’s economy. Special attention is paid to regions that were hardest hit by the crisis due to their dependence on the most affected sectors, such as tourism and culture.

Since REACT-EU is distributed through the 2014-2020 cohesion policy, the support options for the tourism sector under the ERDF and the ESF in the current programming period apply to these additional resources.

The support options for the tourism sector under the current programming term of the ERDF and ESF  apply to REACT-EU, because it is distributed under the 2014–2020 cohesion strategy. For example, working capitals and investments in SMEs and the green and digital transition/training of workers are covered.