17 EU member states against reduction of Cohesion Fund

DOI - Clodagh O'Neill

Tista' taqra bil- Malti.

17 EU member states stand together against the reduction of the European Cohesion Fund. This decision was taken during the Friends of Cohesion Summit held in Beja, Portugal, according to a press release from the Office of the Prime Minister.

Prime Minister Robert Abela said that these 17 countries all have the aim of preserving cohesion politics in the European budget for the coming seven years.

“There’s an agreement between the 17 member states that these funds should not be reduced. While the EU Parliament President and the European Commission are advocating on this due to Brexit, the 17 countries do not agree,” said Abela.

These funds are an important incentive for investment, they sustain economic growth and help to make the standard of living of the 27 member states as similar as possible. Abela said that these funds are a tangible example of the benefits of the European Union as they’re used in projects that benefit all citizens of Europe.

During this summit, the countries agreed that they will stand together on this common position. The final decision on it is to be taken on the 20th February when the Council of Europe convenes in Brussels.

During his visit in Portugal, Abela was accompanied by Parliamentary Secretary for EU Funds Stefan Zrinzo Azzopardi. Abela also met Prime Minister of Portugal, António Costa at his arrival to the summit.