Download — Avizul CESE: Establishing the European Fund for Regional Development including for European Territorial Cooperation (Interreg) and the Cohesion Fund
The EU Competitiveness Fund, part of the Multiannual Financial Framework, will streamline support for innovation and industrial development by merging existing programmes, simplifying access – particularly for SMEs – and guiding investments across key sectors with unified rules and a shared financial toolbox.
The new state aid framework aims to draw from the Temporary Crisis and Transition Framework, a crisis measure to help countries support industry in the fallout from the pandemic and the Ukraine war. The new framework seeks to accompany the Clean Industrial Deal by setting out how Member States can design State aid measures to support its objectives, and will be in force until end 2030.
