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The European Commission have proposed, on Wednesday, adjustments to its proposal for the 2014 EU budget. The changes mainly reflect the political agreement reached on the Multiannual Financial Framework (MFF) 2014-2020 between the leaders of the European Parliament, Council and Commission on 27-28 June. Within the framework of the above mentioned political agreement, the Commission proposes to grant additional EUR 200 million to Cyprus (of which EUR 100 million in 2014). This will help Cyprus invest in energy efficiency, support small and medium-sized enterprises and create or maintain jobs that otherwise could be lost. Financing will be provided through the Structural Funds and the Flexibility Instrument which enables extra funding in clearly identified cases.
The proposal also covers human and financial resources needed for the creation of a new generation of joint technology initiatives (public-private and/or public-public partnerships) which aim at for example providing new and more effective diagnostics and treatments, developing new and competitive bio-based value chains or developing clean energy solutions. These initiatives will be funded from the new Horizon 2020 programme. European commission
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Povezane vesti na srpskom
Συναφείς Ειδήσεις στα Ελληνικά