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Press: 61 - Nr: 6506/01
General Affairs Council
CREATION OF A RAPID REACTION MECHANISM
The Council adopted a Regulation creating a rapid reaction mechanism.
The RRM is
designed to allow the Community to respond in a rapid, efficient and flexible
manner, to situations of urgency or
RRM Actions may be undertaken if:
(a) the action is intended to be immediate and cannot be launched within
a reasonable time-limit under the
(b) the action is limited in time.
The RRM may
be triggered when in the beneficiary countries concerned there occur situations
of crisis or emerging crisis,
Each year the
budgetary authority shall set an overall annual ceiling for the funding
of interventions provided for under this