Brussels Daily
29 Jun 2015


Brussels Daily

EU budget helps boost investments, competitiveness and jobs, Commission evaluation report shows

The EU budget helps boost investments, contributes to the competitiveness of the EU economy and creates new jobs, this year’s European Commission evaluation report on results of EU finances shows. The report, published annually as part of the EU budget discharge procedure, shows that every euro invested by the EU budget in the pilot phase of the ‘Project Bond Initiative’ has attracted 9 euro of additional funds, that the European Regional Development Fund and the Cohesion Fund contributed to the creation of 770,000 new jobs across Europe between 2007 and 2013, and that thanks to EU funding some five million households got access to broadband internet between 2007 and 2013. This makes it easier for people in less developed regions to be connected and to do business. More examples of EU budget success stories are available in the report. The report complements the ‘Synthesis report’ on the Commission’s management achievements of 2014, presented earlier this month.

EU-China Summit in Brussels on 29 June

The 17th bilateral summit between the European Union and the People’s Republic of China takes place today in Brussels. The EU will be represented by Jean-Claude Juncker, President of the European Commission and by Donald Tusk, President of the European Council. China will be represented by Premier Li Keqiang of the State Council. Marking the 40th anniversary of EU-China diplomatic relations, this is the first visit by Premier Li to the EU in his current capacity and the first Summit with China for the Presidents of the Council and the Commission since they took office. A joint press conference will be held following the Summit at approximately 18:40 to be broadcast live on EbS. President Juncker will deliver a speech this afternoon at the Business Summit taking place in the margins, which will also be web streamed live on EBS at 15:15 (exact timing to be confirmed). High Representative of the Union for Foreign Affairs and Security Policy / Vice-President of the Commission Federica Mogherini will also participate in the Summit, as will Vice-President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen, Commissioner for Trade Cecilia Malmström and Commissioner for Research, Science and Innovation Carlos Moedas. The EU-China Urbanisation Partnership Forum and Innovation Dialogue will take place in parallel, the latter with the participation of Commissioner Moedas and Wan Gang, Chinese Minister for Science and Technology. For more information see Summit page; EU-China relations; EU-China trade.

Read today’s edition in full:   Daily News 29 – 06 – 2015

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