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The European Structural and Investment Funds (ESI Funds, ESIFs) are financial tools governed by a common rulebook, set up to implement the regional policy of the European Union, as well as the structural policy pillars of the Common Agricultural Policy and the Common Fisheries Policy. They aim to reduce regional disparities in income, wealth ...
The Cabinet Secretary for Infrastructure, Investment and Cities was a position in the Scottish Government Cabinet. The Cabinet Secretary had responsibilities for infrastructure, procurement, transport, European Structural Funds, Scottish Water and cities. The Cabinet Secretary was assisted by the Minister for Transport and Islands.
Cohesion Funds cover seven-year funding periods: Up to 31 December 2006. [2] 2007-2013; 2014-2020; 2021-2027; Originally, the traditional recipients of these funds were Greece, Portugal, Spain and Ireland, among others; but since new countries joined the EU in 2004, 2007 and 2014, the funds have been located mainly in Central and Eastern Europe ...
The European Social Fund was created in the founding Treaty of Rome in 1957. [1] It is the oldest of the European Structural and Investment Funds.It was established as a "remedial instrument" against the end of nationalist protectionism due to the advent of the European Economic Community.
The EU Structural Funds, in particular the European Social Fund (ESF), consist of multi-annual programmes [1] in support of strategic, long-term goals, and management of change and restructuring in the 2007–2013 period, with activities such as lifelong learning. The EGF is a response to a specific, European-scale crisis; it provides one-off ...
The European Regional Development Fund, 2007–2013. The European Regional Development Fund (ERDF) is one of the European Structural and Investment Funds allocated by the European Union. Its purpose is to transfer money from richer regions (not countries), and invest it in the infrastructure and services of underdeveloped regions.
The budget of the European Union (a.k.a. The Union’s annual budget) is used to finance EU funding programmes (such as the European Regional Development Fund, the Cohesion Fund, Horizon Europe, or Erasmus+) and other expenditure at the European level. The EU budget is primarily an investment budget.
The European Investment Bank has given €44.7 billion to projects in cohesion areas for the European Union since 2021. Included in this is €24.8 billion in 2022 alone, or 46% of all EU signatures. From 2014 - 2020, they contributed a total of €123.8 billion to projects in cohesion areas.