Reporting requirements for Pandemic Crisis Support funds

Summary

The European Parliament has approved new reporting rules for countries using special pandemic support funds, ensuring they are used for healthcare costs related to COVID-19.
9 09.07.2020
Other
health
economy
finance
european union
public finance and budget policy

Key points

  • The Pandemic Crisis Support was established to help euro area Member States respond to the COVID-19 pandemic.
  • Funds from this support must be used specifically for domestic healthcare, including prevention and treatment costs.
  • A new standardized reporting template has been introduced to track the use of these funds.
  • The European Parliament officially declared it has no objections to these updated reporting rules.
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