Speaking Europe – EU Cohesion Fund cash could possibly be blocked if price range ‘misallocated’, Commissioner says | Latest News Table

Speaking Europe – EU Cohesion Fund cash could possibly be blocked if price range ‘misallocated’, Commissioner says

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Whereas EU member states and their populations look ahead to receiving their nation’s slice of the €800 billion restoration fund, work continues to dole out cash from the Cohesion Coverage pot. That is the a part of the EU price range which funds initiatives starting from highways to universities – with the purpose of “levelling up” European areas. The EU Commissioner for Cohesion Coverage Elisa Ferreira speaks to FRANCE 24 as calls develop for motion in opposition to member states, together with Hungary, which can be seen as degrading rule of regulation.

Commissioner Ferreira explains why and the way a state may need its Cohesion Fund cash blocked: “We’re speaking about taxpayers’ cash so it’s a large accountability. So no fraud, no conflicts of pursuits.”

As a brand new European Public Prosecutor’s workplace opens up, there may be already concern about its capacity to operate throughout the entire EU. It is because 5 of the member states haven’t signed up to participate. Commissioner Ferreira brushes off concern about widespread fraud in use of EU funds, saying: “The extent of fraud is extraordinarily low. We’re considerably underneath 1 p.c.”

Produced by Isabelle Romero, Perrine Desplats, Céline Schmitt and Mathilde Bénézet

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