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EU Cohesion policy brings real added value to Europe’s regions

EU Cohesion policy brings real added value to Europe's regions
The EU’s Multiannual Financial Framework 2014-2020, approved yesterday by the European Parliament, includes €325 billion for investing in Member States, regions and cities via the Cohesion Policy instruments. It represents 30% of the total EU budget over the next seven years. The new Cohesion and Structural Funds will invest more in sectors such as Innovation and R&D, ICT, SMEs and the low-carbon economy whilst investments in sustainable transport infrastructures are maintained.

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