Investing in Europe's regions: MEPs to vote on rules for new €325bn cohesion policy
New rules for the EU Cohesion Policy in 2014-2020 that aim to cut red tape and increase the focus on key targets like innovation, research, energy efficiency or SME support will be debated on Tuesday and put to a vote on Wednesday. The European Regional Development and Cohesion Funds deliver major investment in times of economic crisis.
MEPs will ensure that local and regional partners have a bigger say in decisions, and that theme-based planning will be more flexible. They will also make sure that the measures to link effective funding with sound economic governance will be applied more fairly.
The key regulation in this legislative package also sets out the main rules governing the European Social Fund (ESF), the European Maritime and Fisheries Fund (EMFF) and the European Agricultural Fund for Rural Development, ensuring a total budget of over €400 billion.
Procedure: Co-decision (Ordinary Legislative Procedure),1st reading agreement
Debate: Tuesday, 19 November
Vote: Wednesday, 20 November
Press Conference: Wednesday, 20 November 15:30-16:30