The agreement reached by the European Council on the Multiannual Financial Framework 2021-2027 and the European Recovery Plan is satisfactory to the regions and cities, which welcomed the relative preservation of cohesion policy on Tuesday 21 and Wednesday 22 July. However, the territorial weakness of the Recovery Plan and the budget cuts in future policies are a matter for debate.
“Despite controversial cuts and last-minute concessions, they offer concrete opportunities to help local...