MEP Vasile Blaga (PNL, EPP) welcomes the positive vote of the Council of the European Union for the Cohesion Package 2021-2027 worth €330 billion, of which Romania will benefit from around €28 billion.
“The European Union’s main investment programme is cohesion policy. As far as Romania is concerned, the cohesion funds must continue to finance the development gaps between the older Member States and those that have integrated later. It is vital that Romania continues to implement regional and local programmes. At the same time, investments financed by the cohesion funds will to a large extent also ensure recovery from the pandemic, alongside the funds specifically earmarked through the NRDP”, said the NLP MEP for the news platform Calea Europeana.
According to MEP Vasile Blaga, “the two funding programmes must be complementary, both having sustainable objectives – from infrastructure funding to green transition and digitalisation projects”.
”The European Parliament will now vote on the Council’s position before it is published in the Official Journal of the European Union in June, most likely during the plenary session in Strasbourg”, added the EPP MEP.
The package is a set of regulations governing the structural and investment funds, which amount to more than €330 billion (in 2018 prices) or nearly one third of the EU’s long-term budget. The funds will finance regional and local projects designed to reduce economic and social disparities between member states and regions, while boosting a sustainable recovery from the pandemic by investing in green and digital priorities.