European Regional Development Fund (ERDF)

While it would have preferred to keep the initial scope of the Regulation, the Commission considers that the common position adopted by unanimity largely follows the aims and approach of its proposal and incorporates some significant amendments by Parliament, and so can support it. When examining with the Member states the Operational Programmes for adoption, the Commission shall pay attention to verifying that the value added of the Community co-financed cohesion policy is preserved and that the share devoted to investment for innovation and growth is appropriate.