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EU Parliament adopts greener funds for regional development and cooperation

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The European Parliament adopted on June 23 three EU funds to strengthen the EU’s economic, social and territorial cohesion with a total of €243 billion, focusing on climate action, social programmes and sustainable urban development.

The so-called “cohesion package” comprises the European Territorial Cooperation Goal (Interreg), the European Regional Development Fund and Cohesion Fund, as well as the Common Provisions Regulation, a set of norms governing EU regional, cohesion and social funds…

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