The budget proposed by the European Commission for Cohesion Policy as part of the next Multiannual Financial Framework (MFF) will represent a 12.5% reduction compared to the budget planned in the current MFF. This reduction is calculated by comparing constant prices for 2018, according to an initial analysis paper published by the European Parliamentary Research Services (EPRS) directorate general on Friday 4 May.
According to the figures provided in the study, the budget allocated to...