Critics are warning of significant delays in the EU’s cohesion policy spending following the adoption of the bloc’s long-term regional support plan, while stakeholders say more time is needed at the local level to devise spending strategies for recovery aid...
The European Parliament adopted the EU's long-term budget regional support plan at a plenary on Wednesday (23 June). Some EU lawmakers, however, were disappointed at the lack of support for cross-border projects and the lack of ability to monitor spending.
Cohesion, the EU’s €330 billion investment package, making up about a third of the bloc’s new seven-year budget, will focus on bringing about a smarter, greener and more connected Europe, closer to its citizens by 2027. That’s a tall order...
EU countries have reallocated €3.8 billion of EU structural funds away from climate action while increasing "generic support" for small and medium-sized firms as well as health measures. This was made possible by loosened rules to enable a rapid response to the crisis but the European Commission hopes that the incoming fresh cash will reverse that trend.
Respect for the EU charter of fundamental rights could be used to withhold EU money going to projects that trample over democracy or discriminate against gay and lesbian people, an EU official has said.
Equity projects remain an under-explored form of EU financing to jump-start innovation in developing capital markets, but Fil Rouge Capital, a Croatian project, shows they can be a fruitful avenue to stimulate the domestic business ecosystem while raising the country's profile internationally.
The coronavirus pandemic has opened new opportunities for European urban centres to have greater access and be involved more in the spending of EU funds. While personal meetings play a crucial role lobbying efforts, the pandemic has pushed the Commission...
A marine turbine submerged 55 metres deep in the Fromveur passage, a strait off Western French coast known for its strong current, has produced 15% of the electricity needed by Ouessant Island since mid-October. EURACTIV France reports.
From studying toxic microplankton to currents and ocean temperatures, the Euro Hab and Euro-Argo projects are trying to understand the oceans. The British are contributing to this undertaking but Brexit could complicate things. EURACTIV France reports.
The most comprehensive EU regional development instrument is the European Regional Development Fund (ERDF). But in most cases, its work remains largely unknown to the public. An example from Berlin shows how it literally saves lives. EURACTIV Germany reports.
A redevelopment project co-financed by the ERDF in the commune of Sète (France) aims to mitigate erosion which threatens the site. The fund contributes to projects on sensitive issues in the area by the Mediterranean, such as maritime pollution and sustainable tourism. EURACTIV.fr reports.
The European Union has bet big on innovation as a source for growth, but on the ground, the finances of many regional research agencies and competitiveness clusters are endangered by conflicting public finance rules. EURACTIV France reports.