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Commissioner Crețu in Romania to discuss investment priorities for the next long-term #EUBudget

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Today (22 March), Regional Policy Commissioner Corina Crețu (pictured) is in Bucharest, Romania. In the morning, the Commissioner is participating in the presentation of the European Semester Country Report 2019 for Romania with Romanian Minister of Public Finance Orlando Teodorovici and Romanian Secretary of State, Ministry of Foreign Affairs Victor Micula.

In the afternoon, she will take part in a conference on “Investment priorities in Romania, 2021-2027", to discuss potential future priorities for Cohesion Policy investments in the next long-term EU budget. This conference is part of the wider discussion that the Commission launched on 27 February on investment challenges and priorities for each Member States as part of the European Semester process of economic policy coordination (see press release here).

The Commission has set out first ideas as to how EU funds, in particular Cohesion Policy funds, can help achieving investment priorities in the forthcoming budget period 2021-2027. Commissioner Crețu will therefore present the Commission's guidance on Cohesion Policy funding in Romania for 2021-2027. “With this conference, we aim to kick-start the reflection on the future Cohesion Policy programmes, to ensure a smooth transition between the EU budget periods and help member states target investments where they are most needed,” said Commissioner Crețu ahead of her visit.

“In Romania, we particularly believe that EU funding should be focused innovation, the competitiveness of SMEs, the transition toward a low-carbon economy, strategic transport networks and social inclusion an employment measures,” Crețu added.

On Monday (25 March), the commissioner will be in Cluj-Napoca to speak at the COTER (Commission for Territorial Cohesion Policy and EU Budget) conference focusing on the role of local and regional authorities in Cohesion Policy.

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