Amending Budget No 1/2016: EU emergency support instrument
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 124mo ago
This procedure concerns the creation of a new financial instrument designed to provide rapid emergency assistance to EU Member States. It allows the Union to mobilize funds quickly to help countries cope with major natural disasters or exceptional emergencies.
This change affects the EU budget allocation and benefits Member States facing unforeseen crises, ensuring they have immediate financial support to mitigate damages and recover.