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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>

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