- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN82,093+0.87%
- October 18, 202614°
- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN82,093+0.87%
- October 18, 202614°
EU Commission Puts Radical Changes on the Table in the Regional Policies Department
The European Commission is considering comprehensive changes in the DG REGIO department to centralize the management of regional development funds...
The European Union Commission is planning a significant restructuring of one of its oldest departments, the Directorate-General for Regional and Urban Policy (DG REGIO). Under the leadership of Commission President Ursula von der Leyen, a more centralized control model is being considered for managing the EU's approximately 600 billion euro regional development funds. This change is based on the success of the centralized model implemented during the pandemic, which allowed expenditures to be managed more quickly and directly by Brussels. In the new structure, options being considered include the complete abolition of DG REGIO or its merger with the Reform and Investment Task Force (SG REFORM). SG REFORM manages the Covid-19 recovery funds and is closely positioned to the Commission President. However, Ľubica Karvašová, vice-chair of the European Parliament's REGI Committee, warned that these plans mean a misunderstanding of the spirit of regional cohesion policy and that an overly centralized model could cause problems in regional administrations. Officials within DG REGIO have expressed uncertainty and concern. The Commission's extensive evaluation planned for the end of 2026 is seen as a critical step that will determine the fate of this restructuring.
Stay Updated with The Turkiye Times
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
