Edition: International | Greek
MENU

Home » EU Actually

THE WEEK THAT WAS…

EBR Chief-editor’s Monday Morning Column, November 19. This week N. Peter Kramer writes about "Two groups of EU states fight over the Cohesion Fund"

By: N. Peter Kramer - Posted: Monday, November 19, 2012

The Friends of Cohesion are trying to preserve as much as they can of a European Commission proposal of €376 billion for cohesion funds in a draft 7 year budget of total € 1.033 trillion!
The Friends of Cohesion are trying to preserve as much as they can of a European Commission proposal of €376 billion for cohesion funds in a draft 7 year budget of total € 1.033 trillion!

Calling themselves the Friends of Cohesion, 14 government leaders from central and eastern EU countries and some representatives from the south met each other last week in the European Parliament building and plotted a strategy against a campaign to freeze the EU budget. The meeting came ahead of a special budget summit of the European Council at the end of this week. The Friends of Cohesion are trying to preserve as much as they can of a European Commission proposal of €376 billion for cohesion funds in a draft 7 year budget of total € 1.033 trillion! Poland’s Prime Minister, Donald Tusk, the non-official leader of the Friends of Cohesion, said ‘we are all here because we understand that cohesion policy equals growth and creation of jobs’. But Mr Tusk’s club faces another group of memberstates known as the Friends of Better Spending. This group counts only seven members but with a considerably influence because they are all so called ‘net contributors’ to the EU budget. These countries have less to lose if the summit this week ends without agreement. But it would be a problem for the cohesion programmes. The expectations are that the Friends of Cohesion coalition will splinter. The complexities of the budget process leave some of the members much more at risk from cuts than others. Charity starts at home, as the English say…

READ ALSO

EU Actually

A UK-US deal sounds good but what does it mean

N. Peter KramerBy: N. Peter Kramer

After Prime Minister Sir Keir Starmer’s visit to the White House in February, the UK delegation referred to what was being negotiated as an "economic deal"

View 04/2021 2021 Digital edition

Magazine

Current Issue

04/2021 2021

View past issues
Subscribe
Advertise
Digital edition

Europe

What Le Pen’s sentence means for the rule of law in Europe

What Le Pen’s sentence means for the rule of law in Europe

Marine Le Pen’s conviction for embezzlement and ban from elected office have sparked accusations from far-right and populist movements of antidemocratic behavior. But the ruling shows that attachment to the rule of law is resilient, and upholding it is the only way to counter claims that the system is rigged

Business

Why the best companies don’t just innovate – they reinvent how they manage

Why the best companies don’t just innovate – they reinvent how they manage

In 2005, Chinese home appliances giant Haier faced a defining moment

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2025. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron