Cuts in EU funding: the Baltics upgraded from “less developed” states to ones in “transition”

  • 2018-10-31
  • Rokas Tracevskis
There will be less EU co-financing available for the Baltic countries due to the economic progress already made by the Baltics and due to some cuts in EU funds for the EU Cohesion Policy of 2021–2027. The EU Cohesion Policy rules for Latvia will be different from the rules, which will be applied to Estonia and Lithuania. The latter two Baltic countries are expected to concentrate mostly in the areas of research and innovation. These are the main messages for the Balts from the European Week of Regions and Cities (EWRC), the biggest traditional annual EU’s economic forum, which a...
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