(06 December 2021) – The European Commission has adopted the decision to allocate funding from the Brexit Adjustment Reserve to Ireland, for a total of €920.4 million.
Ireland is the biggest beneficiary of the Brexit Adjustment Reserve and the first Member State to receive its pre-financing.
This funding will help Ireland’s economy in mitigating the impact of Brexit, through support to regions and economic sectors, including on job creation and protection, such as short-time work schemes, re-skilling, and training.
Ireland will receive €361.5 million in 2021, €276.7 million in 2022 and €282.2 million in 2023. The funding can cover expenses since 1 January 2020.