The European Parliament and the Council of the EU met on Thursday 29 October to discuss the regulation on European territorial cooperation (better known as Interreg - see EUROPE B12387A11), without reaching agreement, but having made significant progress.
The co-legislators have therefore agreed on pre-financing: 14% over seven years. Until 2023, the pre-financing rate will be 1%, then 3% from 2023 onwards. This is how the EU Council has won its case against the European Parliament. Its...