Minister Peter Altmaier at a video conference

Minister Peter Altmaier at a video conference

© BMWi/Susanne Eriksson

Peter Altmaier, Federal Minister for Economic Affairs and Energy, discussed today the priorities of the German EU Council Presidency in the field of EU cohesion policy with Elisa Ferreira, Commissioner for Cohesion and Reforms.

Federal Minister Altmaier said: “The EU structural funds have a key role to play in rebuilding the economy. We need a modern EU structural policy which promotes investment in forward-looking technologies and strengthens the competitiveness of Europe’s regions. The focus of the new programming period from 2021-2027 is on innovation, a smart economic change, and climate change mitigation and environmental protection. Our aim is to make the earliest possible start to the new programming period. The agreement in July by the heads of state and government on the Multiannual Financial Framework has put an important precondition for this in place. It is now important to make rapid progress in the ongoing negotiations on the package of legislation for the EU structural funds. We are placing a particular priority on REACT-EU: in order to stimulate the economic recovery, the European regions are to receive additional funding for investment in a green, digital and stable economy for two years. This funding needs to reach the European regions quickly. We are doing our utmost to make this happen.”

The Federal Ministry for Economic Affairs and Energy has the lead responsibility for the negotiations in the Council and with the European Parliament on the package of legislation for the EU structural funds in the new programming period from 2021-2027.