Regions & Cities 2018: A deep dive into the EU regional funds
The European Union has allocated around €350bn for the 2014-2020 period to cohesion policy – accounting for a full third of the EU budget. Only the EU's agriculture policy receives more.
The European Union has allocated around €350bn for the 2014-2020 period to cohesion policy – accounting for a full third of the EU budget. Only the EU's agriculture policy receives more.
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Romania receiving structural <strong>funds</strong>," he said.<br />
"A major error of <strong>the</strong> <strong>EU</strong> enlargement was thinking<br />
that eastern European countries can be treated<br />
like poor regions in western European countries,"<br />
Fazekas noted.<br />
At <strong>the</strong> same time, he added that <strong>the</strong>re was no<br />
o<strong>the</strong>r way to treat <strong>the</strong> new member states added<br />
in 2004, 2007, and 2013. "It was politically<br />
impossible to say: you eastern Europeans have<br />
weaker institutions, so we have a different set<br />
of rules than for <strong>the</strong> poor regions in nor<strong>the</strong>rn<br />
Sweden," he said.<br />
But Fazekas pointed out that methodologies exist<br />
for establishing whe<strong>the</strong>r a government can be<br />
trusted with managing <strong>funds</strong> – not only <strong>the</strong> World<br />
Bank has <strong>the</strong>m, but so does <strong>the</strong> European Bank<br />
for Reconstruction and Development.<br />
"It's not hard to come up with a methodology which<br />
classifies countries in, say, three categories: you<br />
can be trusted, you are in-between or you are<br />
absolutely not trustworthy. I can guarantee you<br />
Hungary would not pass".<br />
But such a ranking of <strong>EU</strong> member states is<br />
completely against <strong>the</strong> equal treatment member<br />
states seek – and a political no-go zone.<br />
How much money is being lost to fraud is<br />
difficult to know<br />
Photo: European Parliament<br />
19 — REGIONS & CITIES <strong>2018</strong>