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The EU plans to give member states more money to claim back after the crisis is gone. (Photo: Flickr)

EU plans to juggle regional aid rules for cash-strapped member states

The European Commission is next week set to juggle with EU regional aid rules allowing member states to claim full reimbursement for projects during 2009 and 2010, with plans to claim the money back later.

The reimbursement plans for projects aimed at boosting employment and regional development , as well as infrastructure projects, is likely to be capped at €14 billion on a 'first come, first served' basis.

The cap of €14 billion is being pushed by net contributors to the EU b...

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The EU plans to give member states more money to claim back after the crisis is gone. (Photo: Flickr)

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