Mon. Nov 11th, 2019


News Source – Area Control News

Poorer EU members oppose cuts in long-term budget

1 min read

(5 Nov 2019) The leaders and representatives of 17 European Union countries say they are against proposed cuts in EU funds designed to reduce regional differences among members.
The outgoing European Commission has proposed reducing the cohesion policy’s funding by about 10% for the 2021-2027 budget.
New EU members from Central and Eastern Europe and some other countries benefited from the policy.
Czech Prime Minister Andrej Babis, who hosted a meeting of leaders on Tuesday, said in a news conference the move would mean less investment in education, health and infrastructure.
Speaking alongside Babis, Croatian Prime Minister Andrej Plenkovic said it was important to find the “widest possible consensus on the budget.”
The countries want to retain the same level of funding for the cohesion policy as in the current budget and also call for the funds to be spent according to their priorities.

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