The General Affairs Council of the Council of Ministers adopted conclusions on the Commission 2010 strategic report. The conclusions were prepared by the Spanish Presidency, assisted by the future Belgian and Hungarian Presidencies, and deal with both the Commission’s conclusions and recommendations as well as giving pointers as to the future direction of the policy.
In that context the conclusions emphasise the need for the policy to have an important role within the Europe 2020 Strategy fostering structural change across Europe and supporting key investment priorities. They go on to address the need for one strategic approach and common implementation rules for the three funds (European Regional Development Fund / Cohesion Fund / European Social Fund), to better address the problems of regions in transition and for further streamlining administrative procedures. Please, follow this link to the press release.