Agenda 2000: European Regional Development Fund ERDF

1998/0114(COD)
In its opinion regarding the European Parliament's second reading, the Commission incorporates the four amendments approved by the Parliament. It has amended its proposal as follows: - ERDF funding would also cover spatial planning aspects; - the needs of island, landlocked and very remote regions would be taken into account in the financing of infrastructure contributing to the development of the trans-European networks; - inclusion of job-creating tourism and cultural investment, already supported in practice, among the examples of areas that can be financed through ERDF contributions; - the addition of a fourth Community Initiative to be financed by the ERDF, to encourage the economic and social regeneration of cities and urban neighbourhoods in crisis (URBAN).�