Cohesion Fund. Annual Report. Complement

The committee adopted a report by Mr Carlos COSTA NEVES (ELDR, P) on the 1994 Cohesion Fund. In the text, the committee welcomed the improvement in the overall balance of the funding of environmental projects and transport infrastructure projects, which represented 49.8% and 50.2% respectively in 1994. Nevertheless, the report noted that imbalances continued to exist in each of the Member States, despite the fact that the acceptable balance required by the regulation should be evident within each beneficiary Member State, taking account of the necessary flexibility. The EP hoped that the Commission would ensure respect for this requirement in the future. �