Ireland's Minister for Public Expenditure & Reform, Brendan Howlin TD today welcomed a series of agreements reached between the Council of the European Union and the European Parliament on key EU funding instruments.
In Brussels earlier today, under the chairmanship of the Irish Presidency, the Council of Ministers endorsed agreements reached between the Parliament and the Irish Presidency on four regulations which form part of the overall package on Cohesion funding:
- European Regional Development Fund (ERDF)
- Cohesion Fund (CF)
- European Territorial Cooperation (ETC);
- European Grouping of Territorial Cooperation (EGTC).
Agreement was also reached on key elements of two further regulations: the Common Provisions Regulation (CPR) and the European Social Fund (ESF).
Noting that there had been almost 90 trilogue and technical meetings with the European Parliament and the European Commission under the Irish Presidency, the Minister said:
“The agreements reached today are the result of hard work by the Irish Presidency over the last six months and I would like to thanks all the officials concerned for their input.
Minister Howlin - "Ireland appreciates the importance of Cohesion funding and we have been working to ensure that the appropriate regulatory arrangements are in place in good time for the next funding round which commences on 1 January 2014.”
The Minister said he was confident that agreement would now be reached quickly on the remaining elements of the Cohesion legislative package so that EU Member States would be able to plan for the next funding round with certainty.