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The European Committee of the Regions (CoR or 'the Committee') is one of two European Union (EU) advisory bodies, the other being the European Economic and Social Committee (EESC). The CoR was established by the 1992 Treaty of Maastricht, following a period when regional and local interests had been demanding greater involvement in the European decision-making process. The CoR was set up as an advisory body of the Council and the European Commission, made up of local and regional representatives, ...

Le Comité des régions se compose de 350 membres représentant les autorités régionales et locales des États membres de l'Union. Il émet des avis dans les cas de consultation obligatoire fixés par le traité, dans les cas de consultation facultative et de sa propre initiative si cela est jugé opportun. Ses membres ne sont liés par aucun mandat impératif. Ils exercent leurs fonctions en toute indépendance, dans l'intérêt général de l'Union.

In its November 2014 Investment Plan for Europe, the Commission announced the establishment of a new European Fund for Strategic Investments (EFSI), to bridge the EU investment gap. EFSI would be financed by an initial €21 billion: €16 billion from the EU budget in the form of a guarantee to the European Investment Bank (EIB), and €5 billion from the EIB’s own resources. Through a multiplier effect estimated at 15:1, a total of at least €315 billion would be mobilised in additional investment ...