Memo: EU Cohesion Policy: Commission welcomes European Parliament’s support for fundamental reforms

On 20 November 2013, the European Parliament gave its consent to new rules that refocus investment in the real economy, on key areas to create jobs and foster growth. The reforms also set new conditions for funding and place a greater emphasis on measuring results. In addition, they put in place some common rules for all five European Structural and Investment Funds (European Regional Development Fund, European Social Fund, Cohesion Fund, European Agricultural Fund for Rural Development, European Maritime and Fisheries Fund) for the 2014-2020 period and make them simpler to use.

ESO: Background information: A New Cohesion Policy for Growth and Jobs in Europe / Cohesion Policy reform: MEPs approve deal with Council http://www.europeansources.info/record/speech-a-new-cohesion-policy-for-growth-and-jobs-in-europe-cohesion-policy-reform-meps-approve-deal-with-council/

European Parliament: Press Release, 20.11.13: MEPs approve new cohesion policy: €325bn to invest in Europe's regions http://www.europarl.europa.eu/news/en/news-room/content/20131118IPR25534/

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