Structural reform support programme approved by Council
On 11 May 2017, the Council approved a €142.8 million programme to help member states implement structural reforms.
The programme will contribute to institutional, administrative and structural reforms aimed at enhancing competitiveness, productivity, growth, jobs, cohesion, and investment. It will operate in support of the EU's economic governance processes, financing actions and activities of European added value.
“This new initiative builds on the experience acquired in providing technical assistance to countries in economic adjustment programmes", said Ian Borg, Maltese parliamentary secretary for the 2017 EU presidency and EU funds. "It will enable us to help all member states benefit from that experience when undertaking important reforms.”
The regulation was adopted at a meeting of the Agriculture and Fisheries Council, without discussion.
The European Parliament gave its approval on 27 April 2017 to the programme, which will cover the 2017-20 period. This follows an agreement with Parliament representatives reached on 8 February 2017.