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Future Cohesion Policy

EU Commission to manage €50 billion for cross-border transport, energy and digital infrastructure

The European Commission tabled plans for a new fund worth €50 billion that will finance investments in key transport and energy infrastructure, as well as digital networks. The Connecting Europe Facility will be managed directly by the European Commission, and 'will finance projects which fill the missing link in Europe's energy, transport and digital backbone'. To support this argument, EU Commission President Barroso mentioned that politically it is always tempting to build a second national highway, than to invest in cross-border infrastructure.

Commission proposes major changes to Cohesion Policy

The European Commission (EC) today presented the legislative package for cohesion policy 2014-2020. The proposal introduces several major changes to how cohesion policy works: a new categorization of regions, clear commitments on behalf of member states (MS) and penalties for those that fail to meet them. Specifically, payments may be suspended if MS fail to meet the commitments expressed in the so-called Partnership Contracts or when certain fiscal and economic conditions are not fulfilled.

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