Legal provisions of COM(2018)498 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for economic, social and territorial cohesion and correction of that Regulation

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Article 1

Regulation (EU) No 1303/2013 is amended as follows:

(1)in Article 91, paragraph 1 is replaced by the following:

‘1.   The resources for economic, social and territorial cohesion available for budgetary commitment for the period 2014-2020 shall be EUR 329 982 345 366 in 2011 prices, in accordance with the annual breakdown set out in Annex VI, of which EUR 325 938 694 233 represents the global resources allocated to the ERDF, the ESF and the Cohesion Fund and EUR 4 043 651 133 represents a specific allocation for the YEI. For the purposes of programming and subsequent inclusion in the budget of the Union, the amount of resources for economic, social and territorial cohesion shall be indexed at 2 % per year.’;

(2)Article 92 is amended as follows:

(a)paragraph 1 is replaced by the following:

‘1.   Resources for the Investment for growth and jobs goal shall amount to 96,09 % of the global resources (i.e., a total of EUR 317 073 545 392) and shall be allocated as follows:

(a)51,52 % (i.e., a total of EUR 163 359 380 738) for less developed regions;

(b)10,82 % (i.e., a total of EUR 34 319 221 039) for transition regions;

(c)16,33 % (i.e., a total of EUR 51 773 321 432) for more developed regions;

(d)20,89 % (i.e., a total of EUR 66 236 030 665) for Member States supported by the Cohesion Fund;

(e)0,44 % (i.e., a total of EUR 1 385 591 518) as additional funding for the outermost regions identified in Article 349 TFEU and the NUTS level 2 regions fulfilling the criteria laid down in Article 2 of Protocol No 6 to the 1994 Act of Accession.’;

(b)paragraph 5 is replaced by the following:

‘5.   Resources for the YEI shall amount to EUR 4 043 651 133 from the specific allocation for the YEI and at least EUR 4 043 651 133 from ESF targeted investment.’;

(3)Annex VI is replaced by the text set out in the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.