In the context of the Covid-19 outbreak, on 2nd April the European Commission adopted an ambitious proposal for a Coronavirus Response Investment Initiative Plus (CRII Plus) Package which includes a proposal for amending the FEAD Regulation:
In fact, on Friday 17 April 2020, the European Parliament adopted the additional measures so that EU funding can be granted immediately and with exceptional flexibility to combat the COVID-19 pandemic.Measures include the possibility to finance the provision of protective equipment for workers and volunteers, the temporary 100% co-financing from the EU budget and lighter reporting and audit measures during the COVID-19 crisis.
Finally, the 23 April 2020 the Council adopted these new rules intended to minimise the effects of the COVID-19 outbreak on the most deprived EU citizens. The amendments to the regulation on FEAD will make it easier for member states, partner organisations and other parties involved to access the fund and protect their staff involved in distributing the aid. Around 13 million EU citizens benefit from the fund each year.
The Regulation entered into force on 25 April 2020.