CoR - Regions and Cities: €315bn EU Plan must reduce disparity and exploit investment platforms to avoid territorially-blind implementation

CoR - Regions and Cities: €315bn EU Plan must reduce disparity and exploit investment platforms to avoid territorially-blind implementation

Local and regional leaders from across Europe presented today their proposals to improve the € 315bn EU Investment Plan launched by the European Commission. The European Committee of the Regions (CoR) adopted its position on the EU regulation of the European Fund for Strategic Investments (EFSI), established by the Plan. The opinion, drafted by the President of the Picardy Region, Claude Gewerc (FR/PES), warns against the risk of territorial concentration and calls for greater attention to be given to weaker regions. It pleads for coordination between the Investment Plan and EU structural funds, as well as for a stronger role for Europe's local and regional authorities in identifying and delivering strategic projects. (...)