A Partnership agreement with Italy has been adopted by the European Commission on the 29th of October. The agreement is a strategic investment plan for the optimal use of the European Structural and Investment Funds allocated to Italy (32.2 billion € – current prices, in total Cohesion Policy funding). National and regional operational programmes, which need to be consistent with the partnership agreement, are currently in negotiation and should be adopted by the end of 2014 – beginning of 2015.