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European Union (via Public) / Council adopts €330 billion cohesion package for 2021-2027 publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
Council adopts €330 billion cohesion package for 2021-2027
The Council gave its final green light to the adoption of the cohesion package for the financial period 2021-2027.
The package is a set of regulations governing the structural and investment funds, which amount to more than €330 billion (in 2018 prices) or nearly one third of the EU’s long-term budget. The funds will finance regional and local projects designed to reduce economic and social disparities between member states and regions, while boosting a sustainable recovery from the pandemic by investing in green and digital priorities.
Cohesion policy is at the heart of European solidarity. It is close to the citizens and its benefits are felt at local level. The legislative package for the next programming period will focus on the challenges of the green and digital transitions, supporting regions, companies and workers along the way.
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