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European Cohesion Policy

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EU to release €545 million for Hungary sparking worry among MEPs

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Europe News

Water and defence - but not bullets: EU reallocates regional funds

The EU executive has invited member states to redirect regional spending - accounting for one-third of the EU budget - toward various strategic areas such as water resilience and affordable housing, including defence to a limited extent.

Europe News

Review of EU regional funding still on hold amid defence rerouting concerns

The European Commission said more time is needed to present the review of its regional funding programme, which accounts for one-third of the EU budget.

Europe in Motion

These EU members could pay the highest price in case of EU enlargement

A Bruegel study quantified the budget cuts some EU countries could face if the bloc admitted all nine candidate states, with an overall net cost of around €26 billion a year for current members.

Europe News

Future budget commissioner urges capitals to work on new EU-wide taxes

The next long-term budget should be larger than the current 1% of the EU's GDP, said Polish Budget Commissioner-designate Piotr Serafin, stressing the urgent need to work on new EU-wide taxes by early 2025 at the latest.

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Europe News

Lithuania pleas for EU funds as it bears brunt of Russia’s war

Brussels shouldn’t forget its border regions as it revamps its trillion-euro budget, the finance ministry's Mindaugas Liutvinskas told Euronews – as he urges EU counterparts to seize Russian assets and issue eurobonds.

Europe News

EU's €240bn budget: Bloc's auditors blast spending errors

Error rates in EU spending have soared to a level not seen since the financial crisis, in part because of complex and overlapping programmes — and it’s not clear how Brussels will repay pandemic-era debts, the European Court of Auditors said.

Europe News

Auditors slam poor oversight of cohesion spending

The EU's cohesion funds aim to reduce social and economic disparities between the richest and poorest regions, but both the Commission and member states are failing to adequately oversee their spending, according to a new report by the European Court of Auditors (ECA).

Mobility

Are the benefits of the world's longest underwater tunnel worth it?

The Fehmarn Belt Link tunnel is expected to be completed in Europe by 2029. But detractors say it will severely impact the environment.

Europe News

Ukraine's accession could cost €136 billion to EU budget: Report

Ukraine's potential accession into the European Union could have an impact of between €110 billion and €136 billion on the bloc's seven-year budget, according to a new report by the Bruegel think tank.

Europe News

Brussels to unblock €137 billion in EU funds for Poland

The European Commission is preparing to unblock up to €137 billion in cohesion and recovery funds for Poland, which until now has been unable to access the cash over rule-of-law concerns.

Europe News

Brussels begins review to possibly unfreeze €76 billion for Poland

The European Commission has formally begun a three-month process to review the €76.5 billion of cohesion funds that Poland has been unable to access due to concerns over judicial independence.

Tech News

Euroviews. Pan-European politics: A modern solution to modern problems?

National parties cannot realise their ideals if they remain stuck in a national organisation and thinking pattern, writes Reinier van Lanschot of Volt Europa.

Economy

Portugal becomes first EU country to submit its pandemic recovery plan

Prime Minister António Costa announced the plan's submission via Twitter on Thursday morning.

World News

Euroviews. COVID-19 shows a vaccine to stop fraud of EU finances is needed ǀ View

The Cohesion Fund was the first financial instrument mobilised to redirect EU money to combat the impact of COVID-19. But as evidence shows, it is vulnerable to abuse.

Europe News

How Brexit has left the EU at a crossroads over its future spending

The EU budget battle has pitched the frugal rich against those received more than they put in from Brussels.

World News

Debate: 30 years of EU Cohesion Policy

The discussion looked at what Cohesion Policy has achieved over the past 30 years and how it can help the EU provide answers to current and future challenges.