Romania is to receive more cohesion funds in the 2021-2027 period.
Romania may get more cohesion funds between 2021 and 2027, following proposals made by the European Commission. The EU's next long-term budget might provide for Romania to receive over 27 billion euros, which is by 8% more than the amounts allotted at present. The EU's cohesion policy is aimed at reducing disparities between the member states and between various regions.
The European Commission's proposals for the 2021-2027 timeframe consist in more funds for research, security and digital economy. "We propose a cohesion policy for all regions that should not leave anyone behind. We have increased this policy's flexibility in order to adjust it to the new priorities and increase the protection of EU citizens," European Commissioner for Regional Policy, Corina Cretu, has said. She has explained that norms have been simplified to everyone's advantage, from small enterprises to entrepreneurs and from schools to hospitals, which will be able to attract funds easier. Commissioner Cretu has told Radio Romania:
"The GDP per capita will continue to be the main criterion for the allocation of funds to member countries. New indicators have been taken into account, such as the unemployment rate, especially among young people, an indicator regarding the fight against climate change and another one, which is a kind of reward for the regions willing to take in migrants. In keeping with these indicators, Romania is among the countries that get most funds, alongside Bulgaria and Greece - by 8% more than in the previous period. What's important is to use these funds on concrete projects that improve people's lives."
Also, Commissioner Cretu has mentioned some of the priorities of the cohesion policy, the EU's main investment policy:
"Its main priority is to support innovation, the small enterprises and digital technologies, so an intelligent policy. Its second priority refers to investment in all regions. In fact, in the new programming period after 2020 we will grant more support to local authorities, both urban and regional, that will be more involved in managing the European funds, because we believe that regions and cities know better than we do, in Brussels, which are the sectors that need investment and which are their needs."
"We are counting on a budget of 374 billion euros for all 27-member states. 75% of this amount will be further allotted to the regions that need investment the most", Corina Cretu has said.
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