- 🚨 Cohesion Policy: The End of the ERDF as we know it? Today, Mr. Fitto unveiled major changes to #CohesionPolicy. €100B+ in ERDF funds remain unspent — now up for grabs to fund defence, competitiveness, housing. Why is this the case?
- 💶 With €226 billion allocated, the ERDF has been the cornerstone of EU Cohesion Policy. Yet, over €100 billion remains unallocated — the single largest untapped budget line in the EU today. The main reason? The rise of the Recovery and Resilience Facility (RRF).
- The Commission is now allowing member states to shift unused Cohesion funds toward these goals. ✅ On one hand, it’s a pragmatic move. ❌ On the other, it creates a complex landscape with even more priorities — but no clear focus.
- The budget isn’t increasing, implying either/or: 1. Existing priorities get cut. 2. Funding is spread too thin to make a real difference. ⚠️ Let's be honest: Cohesion funds, just 0.3% of EU GDP, cannot meaningfully support the new goals — especially not through a system for long-term growth.
- 👉 What’s really needed? Purpose-built instruments — not a reshuffling of limited resources via one-off incentives or 100% EU financing promises. It’s time for a clear conversation: What should the EU fund — and just as importantly, what shouldn't it?Apr 1, 2025 15:21
