Upgrade means less EU money, but a chaos would be disastrous

  • 2018-10-31
The focus of our November issue is on perhaps a game-changer decision in Brussels, where the European Commission, the governing body of the European Union, has upgraded the Baltics  from “less developed” states to ones in “transition”. For the region, it means cuts in EU funding in the new EU Cohesion Policy during 2021-2027. “There will be less EU co-financing available for the Baltic countries due to their economic progress in 2021–2027. The EU Cohesion Policy rules for Latvia will be different from the rules, which will be appli...
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