For the next long-term EU budget 2021-2027, the Commission is proposing €100 billion for research and innovation.
Parliament asks for the Erasmus+ programme budget to be tripled, specific funding for SMEs and tackling youth unemployment to be doubled and the research and innovation budget to be increased by at least 50% , “in order to enable [key EU policies] to fulfil their mission and objectives.” Additional funding is likewise needed for security, migration and external relations, it adds.
For the next long-term EU budget 2021-2027, the Commission proposes to modernise Cohesion Policy, the EU’s main investment policy and one of its most concrete expressions of solidarity.
Simplifying rules for Cohesion spending is a key challenge to be addressed for the post-2020 period. In a new Briefing Paper from the European Court of Auditors, the auditors set out a series of principles to be followed and key areas that need attention by the European Commission, the European Parliament and the Member States when deciding on new rules.
The 5 following cohesion policy programmes are concerned: the ‘Transport Infrastructure, environment and sustainable development’ programme in Greece, the Lubelskie regional programme in Poland, the Extremadura regional programme in Spain, the ‘Competitiveness and cohesion’ programme in Croatia and the ‘Regions in Growth’ programme in Bulgaria.
The European Investment Bank (EIB), as one of the leading international financiers in the Western Balkans, has reaffirmed its commitment to supporting the region’s path towards the European Union. Since 2007, the EIB has signed EUR 7.5 billion of loans for projects in the Western Balkans. So far this year, the EIB has signed loans worth more than half a billion euros for the region.