€405 billion invested in Europe’s real economy under the European Structural and Investment Funds

A report published today shows the main results achieved under the five European Structural and Investment Funds, halfway through the 2014-2020 EU budget period. By October 2018, nearly two-thirds of the European Structural and Investment Funds’ budget for 2014-2020 had been committed to concrete projects. By end of 2017, 1 million businesses, including 74.000 start-ups, Read more about €405 billion invested in Europe’s real economy under the European Structural and Investment Funds[…]

EU funding programmes tackled low absorption but had insufficient focus on results

The European Commission and Member States should make more effective use of Cohesion funding, according to a new report from the European Court of Auditors. Delays in finalising the legal framework and slow progress with spending plans put national administrations under pressure to use the money quickly, sometimes at the expense of performance, warn the Read more about EU funding programmes tackled low absorption but had insufficient focus on results[…]

Commission helps Europe’s regions become more innovative

Commission is renewing the initiative ‘Stairway to Excellence’, to continue to provide tailored support and expertise to regions lagging behind in terms of innovation. The initiative will help regions develop, update and refine their smart specialisation strategies – that is, their regional innovation strategies based on niche areas of competitive strengths – ahead of the start of Read more about Commission helps Europe’s regions become more innovative[…]

Proposals to simplify access to EU funds

Today the group of independent Cohesion Policy experts presented its final report for a simplified EU funds framework after 2020. Although the achievements of the EU Cohesion Policy are undeniably positive, the current volume of rules does not always make life easy for local authorities managing EU funds or businesses looking to apply for EU funding. Simplification Read more about Proposals to simplify access to EU funds[…]

Solidarity with Italy: €1.2 billion of EU funds to support reconstruction works after the earthquakes

The Commission proposes to mobilise €1.2 billion under the EU Solidarity Fund, the highest sum ever mobilised in a single instalment, following the earthquakes of 2016 and 2017 in the Italian regions of Abruzzo, Lazio, Marche and Umbria. From day one, the Commission provided support to address the immediate emergency situation and committed to stand Read more about Solidarity with Italy: €1.2 billion of EU funds to support reconstruction works after the earthquakes[…]