Cross-border cooperation, economic and social cohesion: European Grouping of Territorial Cooperation (EGTC)

The Commission welcomes the common position adopted unanimously because it maintains the essential objectives of the Commission’s revised proposal (following the EP first reading). It introduces a certain number of changes which complete the text with regards to the applicable rules and procedures. Several of Parliament’s amendments in first reading are present in the common position, even though with drafting changes to ensure the legal consistency of the text and technical workability of the EGTC. These include the definition of territorial cooperation, the need to specify the Member States’ financial liability, the applicable law and the provision to publish and/or register the statutes of the EGTC.