EU funds reform: a missed opportunity for ALDE
The European Parliament, meeting today in plenary session in Strasburg, adopted a general regulation supposed to modernise the EU’s Regional Policy and streamline the management of the different European funds. The Alliance of Liberals and Democrats for Europe, which strongly supported the European Commission’s original proposal, regrets a missed opportunity to achieve the envisaged objectives of flexibility and transfers between EU Funds for the purpose of greater economic efficiency.
Iskra MIHAYLOVA (Movement for Rights and Freedoms, Bulgaria), President of the Parliamentary committee for Regional Policy (REGI), said: “The proposal made by the Commission Common Provisions Regulation 2021-2027 represented an innovative approach towards more flexibility, simplification, synergies and complementarities of Union Funds, policies and initiatives. We notably supported the transfers to Invest EU, to Connecting Europe Facility, as well as to other centrally managed programmes, in order to simplify the funds combination and enhance synergies to better respond to urgent priorities, which may be raised in the future. The strengthened link between Cohesion Policy and the European Semester, as well as the macroeconomic conditionality, contribute to keep the sustainable economic growth. A sound business-friendly environment in Europe would help both EU and national investments to deliver maximum impact and benefits to our citizens and businesses. ALDE regrets the complete rejection of the macroeconomic conditionally and the decrease of the transfer to Connecting Europe Facility. Therefore, our group decided to vote against the final report. However, as a Chair of the Regional Development Committee, I decided to vote in favour of the final report”.