The European Regional Development Fund, the European Social Fund and the Cohesion Fund

This procedure aims to simplify administrative requirements and financial management rules for key EU cohesion funds. These funds support regional development and social inclusion across member states, making it easier for projects to access funding and deliver results.

It affects beneficiaries of the European Regional Development Fund, the European Social Fund, and the Cohesion Fund. The changes focus on streamlining application processes and financial reporting, potentially speeding up project implementation and improving fund absorption.