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More strategic thought is to go behind EU regional spending from 2014 (Photo: europarl.europa.eu)

Economic governance tool to be part of regional aid

MEPs in the regional affairs committee Thursday (7 November) gave the go-ahead to an overhaul of the EU regional aid policy, including its most controversial element - linking payouts to good economic governance.

EU regional affairs commissioner Johannes Hahn said the vote was a "major step forward" for the EU economy, with the €325 billion in the regional pot to be spent more strategically and without the bias toward traditional infrastructure, such as roads and airports, of past years...

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More strategic thought is to go behind EU regional spending from 2014 (Photo: europarl.europa.eu)

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