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Ratas will discuss strengthening the European Union’s Cohesion Policy in Prague

5. November 2019 - 12:21

Stenbock House, 5 November 2019 – Today, Prime Minister Jüri Ratas will attend the summit of the Friends of Cohesion group, which comprises 17 Member States, in Prague to discuss the next long-term budget of the union and the future of Cohesion Policy.

When discussing the future long-term budget of the EU for 2021–2027, Prime Minister Jüri Ratas emphasised the need to strengthen the role of the Cohesion Policy compared to the proposals made by the European Commission so far. “For the European Union to be strong, we must focus on the development of the Member States and look to the future. It is in our common interest that the budget of the European Union would not shrink in the next period. We are working with all Member States to increase the well-being of our people,” said Prime Minister Ratas.

The meeting will be attended by representatives of Estonia, Bulgaria, Croatia, Cyprus, Czechia, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia and Spain. The Friends of Cohesion group plans to adopt a joint declaration at the summit.

The aim of the European Cohesion Policy is to support reforms and investments in the Member States. In addition, the policy is also aimed at integrating the internal market and increasing the EU’s global competitiveness. To achieve this, hundreds of thousands of projects are implemented, of which thousands have also contributed to Estonian society and people. In the current budget period of the European Union for 2014–2020, Estonia is to receive 3.5 billion euros in structural funding from the Cohesion Policy in addition to the 1.8 billion euros in agricultural, rural, and fisheries support.