European Parliament votes for stronger rules governing post-2020 EU funds

As the EU’s multi-annual budget is being currently negotiated, the European Parliament’s Committee on Regional Development delivers a landmark vote on Common Provisions Regulation (CPR), key rules governing seven shared management funds such as the European Social Fund+, the European Regional Development Fund, the Cohesion Fund and the Asylum and Migration Fund. In the 2021-2027 EU budget, they will serve as the main vehicle that helps to promote social rights, social inclusion and investing in children. Giving a green light to the updated regulations governing these funds means that they will have better synergies and better serve the needs of people at risk of poverty and social exclusion.
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