Press release - Agreement reached on the 2021-2027 EU regional and cohesion funding

Tailored support for outermost regions, islands and depopulated areas

Metadata
Provider: 
ECEC
URL: 
https://www.europarl.europa.eu/news/en/press-room/20201207IPR93206/https://www.europarl.europa.eu/news/en/press-room/20201207IPR93206/
Retrieved on: 
Wednesday, December 9, 2020
Information
Tags: 
Organizations, Economy of the European Union, Articles, Structural Funds and Cohesion Fund, Multiannual Financial Framework, International organizations, European Union, MFF
Summary
Key Points: 
  • Tailored support for outermost regions, islands and depopulated areas
    On Tuesday, a provisional agreement was reached on the future regional and cohesion funds, aimed at strengthening the EUs economic, social and territorial cohesion.
  • EU countries will be able to choose between complying either at national or at regional level with the required minimum resources, allocated for each of these objectives.
  • The thresholds are set as follows:
    The Cohesion Fund (CF) will continue to focus on investment in environmental and transport infrastructure.
  • The Multiannual Financial Framework (MFF) for the next seven years foresees 242.9 billion EUR for EU regional funding.
Copyright: 
2020 EC. All Rights Reserved.