Cross-border programmes will not be halted due to sanctions, Stubb assures
The European Union will not suspend its cross-border co-operation programmes with Russia, Prime Minister Alexander Stubb (NCP) has assured. “Of course, certain other programmes may be halted in the future on a case-by-case basis, but for the present cross-border co-operation, which is very important to us, has been removed from the list of possible sanctions,” Stubb stated during a break in an extraordinary EU summit in Brussels on Wednesday.
Finland has lobbied strongly to ensure EU-funded cross-border programmes are not suspended as part of sanctions against Russia. The country currently participates in three cross-border programmes with its eastern neighbour, the suspension of which could cost it up to 200 million euros in lost subsidies.