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EU to Adopt New Cohesion Priorities With €16.1bn Pre-Financing
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MEPs say the EU can tackle the housing crisis with more robust cohesion funding
In response to the European Union’s housing crisis, Members of the European Parliament (MEPs) have adopted a report advocating for stronger, targeted measures to address the urgent need for affordable housing across the EU, receiving 32 votes in favour, four against, and no abstentions. Between 2015 and 2023, the average house price in the EU increased by 48%, mainly due to rising construction costs, higher mortgage rates, and a limited housing …
The Commission proposes five new cohesion policy areas, including defence. Critics argue that the traditional priorities of territorial cohesion are now facing the risk of a generational political pivotal.
EU to Adopt New Cohesion Priorities With €16.1bn Pre-Financing
The European Parliament reported on June 25 that its Committee has agreed on updates to the EU’s cohesion policy. In a Regional Development Committee vote, 26 Members of the Parliament supported the planned changes. 10 members opposed the proposal, and 5 abstained. The revisions are for the current 2021–2027 budget period and aim to revise some priorities. The overall structure of the cohesion policy remains unchanged, yet certain new priorities…
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