ESIF: first Partnership Agreement adopted

May 5, 2014

Hat: The first Partnership Agreement for European Structural and Investment Funds has been signed

Funding Scheme: 2014-05-05

Pgm2014 2020: Yes

Isfondstruct: Yes

Amorce:

The European Commission has adopted the first of 28 “Partnership Agreements” that set down the strategies in EU member states and regions for European Structural and Investment Funds.

Text:

Today’s agreement was signed with Denmark and will pave the way for €553 million (current prices) in total Cohesion Policy funding and €629 million for rural development to be invested in the country’s real economy. The allocation under Fisheries and Maritime Policy will be finalised and published this summer. The EU investments will boost competitiveness, tackle unemployment and growth through support to innovation, the low carbon economy and training and education. They will also promote entrepreneurship, fight social exclusion and strive for an environmentally friendly and resource-efficient economy.

The European Structural and Investment Funds (ESIF) are:
The European Regional Development Fund
The Cohesion Fund (not applicable to Denmark)
The European Social Fund
The European Maritime and Fisheries Fund
The European Agricultural Fund for Rural Development.

All 28 draft Partnership Agreements have now been received by the Commission. Their adoption should follow within the next 3 months, after a process of consultation with the Commission providing observations are taken on board.

Url description: Press room - European Commission

Url: http://europa.eu/rapid/press-release_IP-14-514_en.htm

Url info description: Press room - European Commission

Url info: http://europa.eu/rapid/press-release_IP-14-514_en.htm