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Europe Daily Bulletin No. 8668

18 March 2004
Contents Publication in full By article 31 / 55
GENERAL NEWS / (eu) eu/ep/financial perspectives
Barnier justifies need to increase funding for regional policy

Brussels, 17/03/2004 (Agence Europe) - During the public hearing organised by the budgets committee of the EP on financial perspectives in 2007-2013, Commissioner Michel Barnier declared on Tuesday afternoon that the increase in funding for regional development for the 2007-13 period (an average of +20%) was justified by the need to reduce the "fracture" between current and accession countries of the EU. He pointed out that 78% of structural funds would go to late developing regions, mainly...

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THE DAY IN POLITICS
GENERAL NEWS