Council and Parliament reach provisional political agreement on cohesion policy rules

The German Presidency of the Council and the European Parliament reached a provisional political agreement on the updated rules governing the structural funds which underpin EU policy for economic, social and territorial cohesion.

Metadata

Provider:

URL:

http://www.consilium.europa.eu/en/press/press-releases/2020/12/01/council-and-parliament-reach-provisional-political-agreement-on-cohesion-policy-rules/

Retrieved on:

Wednesday, December 2, 2020

Information

Tags:

Organizations, Economy of the European Union, Articles, Continents, Structural Funds and Cohesion Fund, European Union, Region

Summary

Key Points:

The German Presidency of the Council and the European Parliament reached a provisional political agreement on the updated rules governing the structural funds which underpin EU policy for economic, social and territorial cohesion.
The agreement covers most of the text of the new draft common provisions regulation (CPR).
This overarching piece of legislation consolidates the rules for eight funds and will regulate programmes to be adopted in the 2021-2027 period.
Regions and co-financing
The new CPR slightly redefines the thresholds of the three categories of regions:

All cohesion programmes require national contributions in addition to EU funding.