Italy risks losing EU funds, unless there is adequate funding for its ‘poorer south’ – EU Official

epa06584166 Director General for Regional and Urban Policy in the European Commission Marc Lemaitre during a press conference in Kielce, central Poland, 06 March 2018. Marc Lemaitre is responsible for the preparation of the European Union budget for 2020 - 2027. EPA-EFE/Piotr Polak POLAND OUT

Reading Time: < 1 minute

The European Commission has sent Italy a letter saying that Rome risks a cut in EU structural funds unless it maintains “an adequate level” of funding for its poorer south, the Mezzogiorno, the director general for regional policy, Marc Lemaitre, said on Monday.

ANSA adds that the letter indicates “the more than concerning figures for investments in the south, which are down and do not respect the levels envisaged so as not to violate the EU rule on additionality,” he said.

The rules are enshrined in EU norms on cohesion.

Via ANSA

%d bloggers like this: