Cohesion Policy 2014-2020: Finding a good compromise on thematic concentration (Briefing for S&D MEPs)
Publisher: CEE Bankwatch Network
Volume: 3 pages, pdf
Description:
In its Cohesion Policy legislative package of October 2011, the European Commission has proposed the so-called “thematic concentration” to ensure that a critical mass of investments in certain areas will be reached in European regions, in order to deliver on EU agreed targets by 2020, especially the Europe 2020 Strategy targets. 80% of the ERDF for developed and transition regions and 50% for less developed regions are set as minimum thresholds to be allocated to the 3 thematic objective of: - Strengthening research, technological development and innovation (objective 1); - Enhancing the competitiveness of SMEs (objective 3); - Supporting the shift to a low-carbon economy in all sectors (objective 4).