On Tuesday 25 May, MEPs in the Committee on Regional Development (REGI) adopted (35 votes in favour, 1 against, 6 abstentions) the draft report by Pascal Arimont (EPP, Belgium) on the Brexit adjustment reserve, substantially modifying the method of allocating the fund’s resources, which amount to 5 billion euros, to bring it into line with the position of the EU Council.
Thus, the final agreement provides for an eligibility period from 1 July 2019 to 31 December 2023. This...