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Financial Perspective
Financing Regional Policy
Added Value
Concrete Benefits
Cost of a non-agreement


Financial perspective :
Europe invests in your future



Acting at EU level creates added value for many reasons:

Leverage effect: EU funding is added to national sources. It helps develop Private Public Partnerships (PPP). It helps maintain investment and growth even during periods of economic austerity.

Return effect: EU investments in less prosperous regions generate a substantial return for the better-off Member States and regions through contracts and the export of equipment, tools and expertise.

Programming effect: 7 years programming makes it possible to plan regional development over the longer term. This would not be possible in a purely national context.

Governance effect: Implementation of EU regional policy leaves room for initiative, boosts civil society and gender equality whilst developing control and evaluation systems. It is based on partnership of EU/Member States/regions/economic and social partners/NGOs with well-defined responsibilities and promotes sharing of experience.

Effect on other EU policies : European regional policy makes a significant contribution to implementing the other policies of the Union : employment, rural development, trans-European networks, research and the knowledge-based society. Furthermore, it has been a major force for implementing public procurement rules in Member States, as well as for respecting the environmental impact directive or publishing national lists of Natura 2000 sites (protection of natural habitats).

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More information:

20 December 2005

Danuta Hübner: Agreement on budget, a good news for Europe

15-16 December 2005 The European Council reached agreement on the Financial Perspective 2007-2013
24 November 2005

Financing Growth and Cohesion in the Enlarged EU - Conference presenting two new initiatives: Joint Assistance to Support Projects in the European Regions (JASPERS) and Joint European Resources for Micro-Enterprises (JEREMIE)

10-13 October 2005 European Week of Regions and Cities - OPEN DAYS 2005
7 October 2005 Working document of Directorate-General Regional Policy summarising the results of the public consultation on the Community Strategic Guidelines for Cohesion, 2007-2013
29 September 2005 Territorial Cooperation Programmes 2007-2013
A two-day seminar will be held in Brussels on 28 and 29 September on the new ‘European territorial cooperation’ (ex-INTERREG) objective. The issues to be discussed will concern management questions for the future generation of cross-border, transnational and interregional programmes.

6 July 2005 Commission adopts Communication on the "Community Strategic Guidelines for Cohesion 2007-2013"

The Commission adopted a Communication on "Community Strategic Guidelines for Cohesion 2007-2013". These guidelines will set the strategic framework for cohesion policy interventions and the next generation of Structural Funds programmes.
17 May 2005 Third Progress Report on Cohesion
11 May 2005 EP votes on Financial Perspective
3 March 2005 Conference : Cohesion and the Lisbon Agenda: The Role of the Regions
3 February 2005 Danuta Hübner : "Regional policy and the Lisbon agenda – Challenges and Opportunities" at the London School of Economics
2 February 2005 Contribution of the Structural Funds to the Lisbon objectives
2 February 2005 Commission launches ambitious Growth and Jobs strategy for the EU
28 January 2005 Latest European regional statistics confirm Commission’s proposal on Structural Funds for 2007-2013 - Map - List
15 July 2004 Questions and answers on the reform of Cohesion Policy and the Structural Funds 2007-2013
2004 Communication from the Commission to the Council and the European Parliament - Financial Perspectives 2007 - 2013 : COM/2004/0487 final
To learn more


Financial Perspective

Working for the Regions

Cohesion Instruments in your Country and Region




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