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The cohesion policy accounts for almost one third of the EU's budget, equivalent to almost EUR 352 billion over seven years in 2014-2020, [22] and EUR 392 billion in 2021-2027, [1] dedicated to the promotion of economic development and job creation, and for helping communities and nations get ready for the European Union's transition to a more ...
The billions withheld mostly concern “cohesion funds” earmarked for Hungary. This envelope of money, one of the biggest slices of the 27-nation bloc’s budget, helps countries maintain their ...
Public holidays for the institutions of the European Union in 2025 Date Day 1 January 2025: New Year's Day: 2 January 2025: Day following New Year's Day 17 April 2025 (Thursday before Easter) Maundy Thursday: 18 April 2025 (Friday before Easter) Good Friday: 21 April 2025 (Monday after Easter) Easter Monday: 1 May 2025: Labour Day: 9 May 2025 ...
It was a way to compensate, to a certain extent, the strict policies on public debt that were agreed by the European members: these funds allowed to maintain both a controlled deficit and public investment in strategic areas. [5] Cohesion Funds cover seven-year funding periods: Up to 31 December 2006. [2] 2007-2013; 2014-2020; 2021-2027
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 European Commission has adopted a draft legislative package which will frame cohesion policy for 2014–2020. The new proposals are designed to reinforce the strategic dimension of the policy and to ensure that EU investment is targeted on Europe's long-term goals for growth and jobs ("Europe 2020").
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.
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