Following a meeting with European Council President Herman Van Rompuy, on 14 June, the Committee of the Regions’ (CoR) political leadership gave its support to the European Parliament’s positions on the 2014-2020 multiannual financial framework (MFF) and, in particular, the request for introduction of new own resources (see
Europolitics 444). This support will be formalised with the adoption of a resolution at the committee’s next plenary session, in July. “Let us not forget that our cities and regions are responsible for over two-thirds of all European public investment. Having already been weakened by national austerity policies, they will be unable to continue to re-launch growth and employment or to prepare for the future without strong financial support from EU policies,” argued the CoRs’ political leadership. Cohesion policy in particular lies at the heart of the concerns of the cities and regions. “Without appropriate funding for the priorities of the ‘Europe 2020’ strategy, particularly under cohesion policy, the EU will be unable to overcome the economic and financial crisis,” said the CoR’s leadership.