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Von der Leyen seeks to manage EU financial flows

Von der Leyen seeks to manage EU financial flows

European Commission President Ursula von der Leyen has said she wants greater personal control over a third of EU spending. According to POLITICO, an internal commission document sets out how reform of the EU's poorer funding will be handled by a department under Leyen's direct control.

The so-called cohesion policy is currently managed by the European Commission's Department of the Regions. This department works with local authorities in each country and accounts for around €400 billion in the EU's seven-year budget.

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