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Ministry of Finance
of the Republic of Latvia
1 Smilsu st., Riga
LV-1919, Latvia

P.: +371-67095405
F.: +371-67095503
E-mail: pasts@fm.gov.lv
info@fm.gov.lv

The Baltic States, in a shared invitation for the European Commission, ask to preserve financially strong EU Cohesion Policy 26/02/2018

The Ministers for Finance of the Baltic States have joined in a shared invitation for the European Commission to preserve financially strong European Union (EU) Cohesion Policy, and to make it strategic and results-oriented.

"Ever since accession to the EU, the Baltic States have purposefully allocated the financing from the EU funds for the implementation of reforms in education, healthcare, employment, innovation and other sectors, reducing the disparities of the Baltic States and the EU average level of gross domestic product per capita by almost one fourth part. Nevertheless, the EU funds support is still necessary in order to continue the development of the EU Baltic States and to prevent the socioeconomic disparities compared to the EU average. They are triggering labour immigration in the common open market, concurrently encumbering the growth of productivity of the Baltic economy. Therefore, strong Cohesion Policy is required for further strengthening of both the Member State and the EU as a whole," as stated in the shared letter of the Minister for Finance Dana Reizniece-Ozola, Estonian Minister for Finance Toomas Tõniste and Lithuanian Minister for Finance Vilius Šapoka.

In May this year the European Commission will publish its proposals of budget allocation for the next EU Multiannual Financial Framework post 2020. This in mind, the Member States, organisations and other stakeholders are actively shaping and expressing their standpoint regarding the future of the Cohesion Policy, because the EU Multiannual Financial Framework will consider the opinion of not only Member States, but also the EU population.

The Ministry of Finance invites also the organisations, local governments, population and other stakeholders to mutually cooperate and make use of the offered opportunities to express their support for the strong financing of the EU funds post 2020.

At present, not only organisation, but also any resident has the opportunity to express support for the strong Cohesion Policy post 2020. Everyone is welcome to express their opinion in the European Commission survey, thus shaping the common public opinion on the necessity for the EU funds contributions.

It is possible to fill out the survey by March 8 this year on the website of the public surveys of the European Union at: https://ec.europa.eu/eusurvey/runner/2eec41ff-e859-c4c9-1b47-86c508612517?surveylanguage=LV. All residents, organisations and institutions interested in the Cohesion Policy and the EU funds possibilities in the future are welcome to join the discussion.

The support can also be provided through another initiative of the European Committee of the Regions #CohesionAlliance: http://cor.europa.eu/lv/takepart/Pages/cohesion-alliance.aspx. Each shared opinion will be taken into account, in shaping the future Cohesion Policy.

13/09/2018 12/09/2018 24/07/2018

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Tālrunis uzziņām: 67095405

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Fakss: 67095503

E-pasts: info@fm.gov.lv

Adrese: Smilšu iela 1, Rīga, LV-1919, Latvija

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