HELSINKI – Worst-hit should benefit most from EU Recovery Fund

While Finland approves of the European Commission’s proposal for a €750 billion EU Recovery Fund in principle, it would like to see its criteria altered so that the money would be allocated to those who have suffered most from the coronavirus pandemic.

In an e-mail interview on Thursday (18 June) with Finnish Broadcasting Company YLE, European affairs minister Tytti Tuppurainen (SDP) underlined Finland’s constructive stance towards the Commission’s proposal.

“However, we are not ready to accept it as such. Finland’s position is that resources should be allocated to those areas which suffered most from the coronavirus. There needs to be further discussions and negotiations on the criteria and the timing,” wrote Tuppurainen.

According to YLE’s sources, Finland would like to see at least some of the funds connected to future economic development since countries react to economic support differently.

Tuppurainen also said that the money should only be allocated if the receiving member state presents a plan that covers economic, social and ecological issues.

(Pekka Vänttinen | EURACTIV.com)

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