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Europe Daily Bulletin No. 11669

17 November 2016
ECONOMY - FINANCE - BUSINESS / Economy/cohesion
Commission proposes not to suspend ESI funds for Portugal and Spain
Brussels, 16/11/2016 (Agence Europe)

The debate is now closed. At the stock-take on the draft budget plans of the member states in the framework of the European Semester, on Wednesday 16 November, the European Commission announced that the Spanish and Portuguese structural and investment funds will not be the subject of any suspension for 2017.

Commissioner for Economic and Financial Affairs Pierre Moscovici, hailed the announcement as good news for the countries in which European funds have a major part to play. The...

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