The opportunities that the EU’s new long-term budget and the Recovery and Resilience Fund, totaling €1.8 trillion, offer a once-in-a-generation opportunity for the EU and Bulgaria, Elisa Ferreira, Commissioner for Cohesion and Reforms told a mostly Bulgarian audience.
The COVID-19 outbreak has resulted in the worst recession in the history of the EU, which the European Commission aims to tackle with an unprecedented stimulus package. The Commissioner for Cohesion and Reforms, Elisa Ferreira, explained the ambitious plan in an exclusive interview.
The European Commission revealed on Thursday (28 May) how individual EU members stand to gain from the newly-fortified €40bn Just Transition Fund. Talks are still ongoing on widening the scope of the fund to more regions that might need green aid.
The European Commission proposed numerous changes to its cohesion policy rulebook on Thursday (2 April) in order to draw €37 billion of unused funds to finance various measures during the coronavirus pandemic. But these measures can only help to a limited extent. EURACTIV Germany reports.
The European Commission is due to release proposals this week to enshrine the EU's goal of reaching climate neutrality by 2050 into hard legislation. But concerns remains over the size of a fund aimed at making the transition smoother for countries heavily dependent on coal and other polluting industries.
The EU's regional policy Commissioner Elisa Ferreira revealed on Tuesday (14 January) details of the €100 billion Just Transition Mechanism, a key financial component of the European Green Deal that should make the bloc climate neutral by 2050.
The creation of a Just Transition Fund to help poorer EU regions move towards a climate-neutral economy cannot come at the expense of the bloc's Cohesion Policy, the EU's regional policy Commissioner has said.
Rule of law should be a matter of respect everywhere, not only in the Cohesion Policy. But ordinary beneficiaries should not be held responsible for the action of the whole country infringing common EU standards, MEP Andrey Novakov told EURACTIV Slovakia in an interview.
On Wednesday (2 October), the European Parliament's committees will be holding hearings with Commissioner-designates Didier Reynders (Belgium, Justice), Helena Dalli (Malta, Equality) and Elisa Ferreira (Portugal, Cohesion and Reforms).
The European Parliament yesterday (25 November) adopted the TAXE committee's report on the tax practices of big businesses in Europe. But Europe's work on tax evasion is only just beginning. EURACTIV France reports.