The European Commission has adopted a "Partnership Agreement" with Malta setting down the strategy for the optimal use of European Structural and Investment Funds throughout the country. Today’s agreement paves the way for investing € 729 million in total Cohesion Policy funding over 2014-2020 (current prices, including € 17 million for European Territorial Cooperation funding and € 3.9 million for the FEAD allocation). Malta also receives € 97.3 million for rural development and € 22.6 million for fisheries and the maritime sector.
Today, the European Parliament gave its strong support to the new European Commission with 423 votes in favour, 209 against and 67 abstentions. The Juncker Commission can thus start its term of office on 1 November 2014. President-elect Jean-Claude Juncker said: "After a long democratic journey, today my team crossed the finishing line. I feel honoured that my Commission has received the democratic backing of the European Parliament. Now it is time to roll up our sleeves and get down to work: to kick-start economic recovery, create more and better jobs, address the plight of Europe's youth for a better future, protect the most vulnerable in our society and cope with the rapidly deteriorating geopolitical situation. Together, we will succeed."
Date: 14-30 November
Venue: Europe House, Valletta