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The policy constitutes the main investment policy of the EU, and is due to account for around of third of its budget, or EUR 392 billion over the period of 2021-2027. [1] In its long-term budget, the EU's Cohesion policy gives particular attention to regions where economic development is below the EU average. [2] [3]
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 Community Strategic Guidelines (CSG) contain the principles and priorities of the EU's cohesion policy and suggest ways the European regions can take full advantage of the funding that has been made available for national and regional aid programmes for the period 2007–2013. There are three priorities:
It is the European Union's main financial instrument for supporting employment in the member states of the European Union as well as promoting economic and social cohesion, created by merging the existing European Social Fund with the EU Fund for European Aid to the Most Deprived (FEAD) and the EU Programme for Employment and Social Innovation ...
The flag of Bulgaria next to the flag of Europe. Since its accession in the European Union in 2007, [1] Bulgaria has been part of the EU's Cohesion Policy.This program introduces financial instruments, also known as the European Structural and Investment Funds, which aim to reduce the gap between different regions of the EU and improve their economic wellbeing.
General Data Protection Regulation (Regulation 2016/679), superseded the Data Protection Directive (95/46/EC 24 October 1995) Directive (EU) 2016/680 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data by competent authorities for the purposes of the ...
The Commissioner for Cohesion and Reforms is a portfolio within the European Commission. The current Commissioner is Raffaele Fitto . The portfolio is responsible for managing the regional policy of the European Union , such as the European Regional Development Fund , which takes up a third of the EU's budget .
The 2015 European Commission Progress Report on Montenegro noted that the country had made good progress toward meeting the benchmarks to join the EU, but the nation needed to address institutional frameworks, including competition policy, fighting against corruption and organized crime, and work in the areas of the environment and climate change.