BRUSSELS, 28th April, 2016 (WAM) – The Permanent Representatives Committee (Coreper) today agreed, on behalf of the Council of the EU, its negotiating stance on a proposed regulation establishing a structural reform programme to help member states implement reforms.

The programme would be established for the period from 1 January 2017 to 31 December 2020, with a financial envelope of 142.8 million euro.

Coreper asked the Netherlands presidency to start negotiations with the European Parliament.

The aim of the programme is to contribute to institutional, administrative and structural reforms in the member states with a view to enhancing competitiveness, productivity, growth, jobs, cohesion, and investment, in particular in the context of economic governance processes, including through assistance for the efficient and effective use of EU funds. The programme would finance actions and activities of European added value.