Briefing 
 

EU should keep investing in all regions to boost economic and social cohesion 

MEPs will vote on EU 2021-2027 funding rules and are set to oppose cuts to finances dedicated to regions.

Draft rules with new goals to support innovation, digitisation, energy transition, education and access to healthcare in all parts of Europe will be discussed on Wednesday morning and voted on at noon. These would allow for simplified procedures to boost locally driven projects and encourage smaller businesses to apply for funding.

Financing rates and the overall amount should be kept at current levels, according to the draft figures submitted by the Regional Development Committee, with a budget of €378.1 billion in 2018 prices (14 % more than the Commission's proposal of €330.6 billion) for the 2021-2027 period.

Less developed regions should keep benefitting from substantial EU support of up to 85 % of co-financing and additional funding should be set aside for outermost regions. MEPs also want to increase resources for cross-border projects.

Background

To improve synergies between funds, the overarching rules of the Common Provisions Regulation will not only apply to the Regional Development Fund, the Social Fund (EFS+), the Cohesion Fund, but also to the European Maritime and Fisheries Fund and sets out 2021–2027 financial rules for the Asylum and Migration Fund, the Internal Security Fund and the Border Management and Visa Instrument. Parliament’s Regional Development Committee also wants to bring the Rural Development Fund under the new Common Provisions. The funds make up about a third of the EU´s total budget.

Procedure: Ordinary legislative procedure (first reading, mandate for negotiations with the Council)

Procedure Code: 2018/2110(INI)

Debate/vote: Wedneday, 13 February

Press Conference: Wednesday, 13 February at 15:00



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