The consultation on the structural fund programmes for 2014 - 2020 was broadly welcomed by AMs on 8 January 2013.
The Deputy Minister for Agriculture, Food, Fisheries and European programmes Alun Davies made a statement on its progress.
Mr Davies said the Welsh government was asking for funding to remain at its current level, a "realistic" aim given the current economic climate.
"It is our hope that the discussions being taken at the moment will bear fruit and we will see a clear resolution of these financial issues next month," he said.
"I can assure you we will be looking at what that means for Wales."
European structural fund programmes invest in projects that may contribute to an increase in sustainable jobs in Wales.
As at 15 December 2012, a total of 275 projects had been approved EU funds of over £1.8 billion, a total project investment of £3.73 billion.
According to the Welsh European Funding Office these will help provide some 27,400 opportunities for businesses and some 600,000 employment and training opportunities for individuals across Wales.
In 2012 the Business and Enterprise Committee conducted an inquiry into how the European Commission's draft legislative proposals for EU structural programmes (2014 - 2020) could affect Wales.
The committee's report supported the commission's draft legislation proposals.