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MEPs set to back post-enlargement regional fund rules

The European Parliament is set to greenlight with a huge majority a set of rules on how EU member states should use €308 billion of funds put aside for the next seven years to support poorer regions and boost social solidarity.

It is the very first regulation package on the EU's common so-called "structural funds," aimed at reducing regional discrepancies, after ten new countries mainly from central and eastern Europe joined the bloc in 2004.

Its financial ceilings and some basic ...

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