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Data: 11/02/2013
Statement from EU Regional Policy Commissioner Johannes Hahn: on the Multiannual Financial Framework 2014-2020 after the European Council
I know these have been difficult talks, so I am relieved that we have an agreement from the European Council on the EU budget for 2014-2020. Subject to the European Parliament's consent, we can continue our preparations for the next programming period for Cohesion Policy without any more delay. This is about getting EU investments to where they can do most good- creating jobs and helping Europe's recovery. It is about giving investors certainty about where private funds can also bolster our efforts.
The Commission's original proposal would have been a better deal for Europe. There is no doubt that as it stands it will be harder to finance all the EU priorities that we laid out in our proposals.
The budget for Cohesion Policy has been cut compared to the original Commission proposal but the € 325 billion for seven years will still support a modernised policy: more effective, more transparent, more European, and at the heart of the Europe 2020 growth and competitiveness agenda. Cohesion policy is the EU's main investment tool for delivering the goals of Europe 2020 and I am committed to achieving them. This deal also confirms ...
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