“Next Generation” EU instrument of 750 billion EUR for the European Recovery Plan

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Ursula von der Leyen, president of the European Commission presented yesterday, in the European Parliament, the European Commission’s proposal for an ambitious Recovery Plan for Europe.

The Plan is based on two main pillars:

  • the “Next Generation EU” instrument of 750 billion euro
  • an increased EU budget of 1 100 billion EUR in-between 2021-2027.

The communication by the European Commission declares the social economy as one of the sectors touched most by the current crisis, together with the cultural and tourism sector.

At the same time, the social economy is considered an important instrument helping in particular the most vulnerable persons to find their way out of the crisis and into employment.

Also, the Commission underlines solidarity between people, generations, regions and countries as a main element and principle for recovery.

The Commission communication sets out proposals with a list of concrete measures to support recovery in Europe.

  • Recovery and Resilience Facility ( 560 billion euro) to be implemented in the framework of the European semester and based on national recovery plans – will provide support for investments and reforms in the different Member States based on grants and loans.
  • Through the new programme REACT-EU (‘Recovery assistance for cohesion and the territories of Europe’) (55 Bilion euro), for example, the Commission proposes to feed, until 2022, additional 55 billion EUR into ongoing cohesion policy programmes. Main criterium for the allocation of this funding is socio-economic impact of the crisis in the different territories, including elements such as youth unemployment. Also the relative prosperity of Member States will be taken into account.The revised proposal for Cohesion Policy provides for greater flexibility for transfers between funds in order to better support local and regional authorities.
  • According to the proposal of the European Commission, initiatives such as a new Solvency Support Instrument and a strengthened InvestEU initiative should help companies to overcome the crisis through a mobilization of additional private investments.
  • Green Transition should be fostered for example through the reinforcement of the Just Transition Fund and a strengthened European Agricultural Fund for Rural Development.
  • The Commission proposal also foresees a new Health Programme (EU4Health) reinforcing health security within the EU and preparing for possible future health crises.
  • Following the Commission proposal, also other programmes, such as Horizon Europe, the Humanitarian Aid Instrument or Digital Europe, should be strengthened.

The adjusted work programme 2020 of the European Commission foresees the continuation and expansion of different initiatives taken recently to support companies and employment. Examples are the SURE (Support Mitigating Unemployment Risks in Emergency) programme, reinforced measures against youth unemployment, the promotion of fair minimum wages or initiatives to strengthen equal opportunities (including pay transparency measures). Emphasis will also be put on the circular economysafe and sustainable food or biodiversity.

New resources, increased EU budget

To finance the measures proposed, the European Commission suggests

  • lifting the own resources ceiling to 2% of EU Gross National Income.
  • The increased EU budget will then enable the Commission to take up 750 billion EUR of credit on financial markets. These funds would then be paid back gradually, in-between 2028 and 2058 through the EU budget, including possibly new own resources (which could be based, for example, to a digital taxoperations of large companies or the Emissions Trading Scheme). The European Commission also plans to support Member States in fighting tax evasion.

Multi-Annual Financial Framework (EU Budget 2021-2027)

The Multi-Annual Financial Framework (EU Budget) 2021-2027, with 1,1 trillion euro, a specific Own Resources Decision and a Revised Multiannual Financial Framework 2014-2020 will now be negotiated with and in the European Parliament and the European Council. The objective is to have the revised MFF 2014-2020 adopted in early autumn 2020, the MFF 2021-2027 and the Own Resources Decision in December 2020.

This health and economic crisis we face is unprecedented in the history of the EU. The solution for the Commission to borrow money from the market is a remarkable one, a European solution for a European problem. The crisis is a game changer.

Energy efficiency and tourism: our model case WELCOMMON HOSTEL

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Energy efficiency of the building of WELCOMMON HOSTEL and use it as center to demonstrate applied technologies of energy efficiency and renewable energy sources.

Wind of Renewal is renting since August 2016 the building with about 3.200 square meter, which was until the end of the year 2013 a public clinic. We fully renovated the building already twice. Once at autumn 2016 to be for 1,5 years a model center for accommodation and integration of the most vulnerable refugees and then again to become an innovative, functional and esthetic Hostel with a social impact, the WELCOMMON HOSTEL.

The whole renovation was based on the idea and the awareness of re-use and up-cycling, not only to reduce renovation expenses but also for ecological  reasons.

Beside the fact that we did relevant changes for the lightning, changing the old lamps with new LED lights, there are double windows and some insulation, we regulated the boiler, the temperature of the waste gases and other mechanical systems, to reduce energy waste. However, the building is old and remains energetically wasteful and ineffective. The result is negative both as for the climate and for the expenses of the heating, cooling and electricity. The next step was the installation of 20 solar panels, in order to produce hot water for the clients of the hostel and reduce the use of oil for heating of water and the energy audit of the WElCOMMON HOSTEL, in order to evaluate the performance of energy efficiency measures (like changing to led lighting) and the solar systems installed recently.

There are measures of the temperatures on the solar panels and of the water in circulation and in boilers every one hour starting since some months ago as well financial data (payments of electricity and oil) for the last 3,5 years. All the data will be evaluated for a better understanding how we can implement solar systems on the roof of big buildings, like schools, hotels, companies and block of flats and how is their energy and financial performance in Athens.

For environmental and economic reasons we are immediately looking to modify the building to a zero emission building and to operate as a center of education and training in green trades and activities and also as a place to demonstrate energy efficient technology and present renewable energy sources in the city of Athens.

We are searching for company or cooperative or research center which is willing to provide to WELCOMMON HOSTEL the technology of energy reduction and renewable energy sources on buildings to transform it into a zero emission buildings. In return, we demonstrate the technology to our guests and cooperation partners from all over the world, who visit us to see our work. Thousands of people and organizations, schools, students, businesses will have the opportunity to be introduced to these technologies and practices in an open center for demonstration or from remote. 

Anemos Ananeosis / Wind of Renewal: support our WELCOMMON HOSTEL. a hostel with social and green impact

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Milestones towards the future: Pathbreaking examples of cooperation, mutualisation and solidarity in urban and rural areas, promoted jointly by cities/regions and the social economy

Support our WELCOMMON HOSTEL, a hostel with social and green impact

Anemos Ananeosis/Wind of Renewal has a strong commitment to building a better world through social and green innovation, green and social economy and the cooperative business model. We want to influence the direction of our society to become more sustainable and ecologically and socially fair.  The social enterprise Wind of Renewal / Anemos Ananeosis (WoR) was constituted in Greece in 2014 for the promotion of social cooperative and responsible economy, social entrepreneurship, green-circular economy, eco-social innovation, intercultural dialogue and the protection of environment.

Our flagship activity is the WELCOMMON HOSTEL a new Hostel in Athens

WELCOMMON HOSTEL is an innovative hostel with social impact as well as a center of social and green innovation, intercultural dialogue and socializing. We operate ‘for good and not-for-profit’ which means your stay should be cheaper while contributing to something amazing like social empowerment, social inclusion, green transition, comic and language lessons, arttherapy projects. Any surplus of funds will be reinvested in affordable hostelling and social / green projects, not shareholders.

Booking now your stay in  WELCOMMON HOSTEL ensures we can continue to offer our services and social – green activities.

Until the 31st of May our Welcommon Hostel remains closed #COVID19. We will re-open on 1st of June. As we are hard influenced by the COVID-19 and the lockdown, we need your support. You can save our hostel from the devastating financial effects of the COVID-19 crisis and support our social, cultural and environmental activities.

Special offer for you. Create memorable moments with WELCOMMON HOSTEL whenever you are able to come and transform your ordinary trip into an extraordinary one! Discover the real experience staying in our innovative and with social impact WELCOMMON HOSTEL and participate in a number of social and cultural activities without cost for you. At the moment digital, we hope soon face2face.

The visitors can discover the creative side of Athens. We “promote” our WELCOMMON HOSTEL to Universities, social groups, social enterprises and cooperatives which plan to visit Athens or provide support through campaigning our project. Our guests can participate in workshops, art exhibitions, activities, networking, youth meetings, youth exchanges like Erasmus projects. 

With a lot of effort and hard work, we succeeded in creating an innovative Hostel in the center of Athens, which aims to have sustainable models of tourism and at the same time provide the space for non-formal education and social inclusion for about 50 refugees daily. It is also a place for art and culture as well as a social and green entrepreneurship.

www.anemosananeosis.gr

www.welcommonhostel.gr

www.facebook.com/welcommonhostel

www.facebook.com/daysofwelcommon

www.facebook.com/socialcooperatives

#Sustainability #Athens #cooperatives #SocEnt #innovation #social
#inclusion #withrefugees #WelcommonHostel @Social Cooperatives

#sustainabletourism #education #youth #Erasmusplus #volunteers #art

Contact us: info@welcommonhostel.gr or windofrenewal@gmail.com