Cohesion Fund
2004/0166(AVC)
The European Parliament adopted a report by Alfonso ANDRIA (ALDE, IT) by 567 votes in favour 29 against and 36 abstentionsand gave its assent to the proposed regulation on the Cohesion Fund. (Please also see COD/2004/0167, COD/2004/0168 and AVC/2004/0163.) The package defines the objectives, the financial resources available and the criteria for their allocation in an enlarged EU. Approximately EUR 308 billion - or 35.7 per cent of the total EU budget - will be available to spend, as scheduled, from 1 January 2007.