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2025/0238(COD)E1st reading – European Parliament

European Fund for Regional Development and Cohesion Fund 2028–2034

With the European Parliament, which is preparing its first-reading position.

Last active 08 Jun 2026

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What this bill does

In plain terms: what it changes and who it affects.

This proposal sets EU regional development and cohesion funding rules for 2028–2034, including cross-border cooperation and support for disadvantaged regions.

Who it affects

It affects EU regions and cities, especially less-developed, rural, industrial-transition, outermost, border, island, mountain and sparsely populated areas. It also affects communities in Interreg cooperation areas, including Ireland–Northern Ireland.

Core of the proposal
  • ERDF supports regional development, territorial cooperation, disadvantaged areas, sustainable urban development and outermost regions.
  • Cohesion Fund supports environment and trans-European transport investments in lower-income Member States.
  • Interreg covers cross-border, transnational, interregional and outermost-regions cooperation through separate Interreg Plan chapters.
  • PEACE PLUS continues support for cooperation, peace and reconciliation between Ireland’s border counties and Northern Ireland.
Key provisions
Takes effect
It enters into force twenty days after Official Journal publication and applies from the application date of the related NRP Regulation.
Transitional law
Interreg chapters must generally be submitted within six months; unsubmitted chapters by 2030 or 2031 trigger reallocation rules.

Latest update

10 Jun 2026

The most recent development in this bill's progress.

1st reading – European Parliament → 1st reading – European Parliament

1st reading – European Parliament1st reading – European Parliament

Documents

1 recent

SourcesOEILEUR-LexEU Law Tracker