Edition 1518
23 March 2019
Edition: 1518

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Municipalities express concern with regional fund cuts

by TPN/Lusa, in Business · 07-03-2019 10:14:00 · 0 Comments

Spanish and Portuguese municipalities have expressed concern with the Cohesion fund that is facing a cut of 45 percent in the European Commission’s financial framework for 2021 to 2027.

Municipalities express concern with regional fund cuts

 

The Cohesion Fund is aimed at member states with a Gross National Income per inhabitant of less than 90 percent of the EU average and aims to reduce economic and social disparities and promote sustainable development.


Manuel Machado, the head of the National Association of Portuguese Municipalities, said at the end of an Iberian summit of municipalities in the northern city of Aveiro that it was not “acceptable” for there to be a reduction of funding of 45 percent and that it was “indispensable” to boost the Cohesion Fund and cross-border cooperation programmes.


The summit last Friday aimed to analyse cross-border cooperation between Spain and Portugal and the role of the local authorities in the next community support framework for 2021-2027.

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Edition 1518
23 March 2019
Edition: 1518

Read this week's issue online exactly as it appears in print.

Twitter

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