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EU regional and urban development

€105 million of EU funds to increase economic competitiveness in the Greek–Italian border region

  • 15 December 2015
€105 million of EU funds to increase economic competitiveness in the Greek–Italian border region

Today the European Commission adopted a new interreg programme between Greece and Italy worth over €123 million, with nearly €105 million coming from the European Regional Development Fund. The new programme aims to increase the economic competitiveness in the Greece-Italy border area by supporting entrepreneurship, innovation and the clustering of economic activities. The programme will promote interaction among SMEs while stimulating innovative processes in industries exploiting comm

Today the European Commission adopted a new interreg programme between Greece and Italy worth over €123 million, with nearly €105 million coming from the European Regional Development Fund.

The new programme aims to increase the economic competitiveness in the Greece-Italy border area by supporting entrepreneurship, innovation and the clustering of economic activities. The programme will promote interaction among SMEs while stimulating innovative processes in industries exploiting common local resources. Furthermore, the programme will improve the joint management of the impact of human activities on natural resources in urban, lowland and coastal Ionian and Adriatic areas. Thiswill enhance the protection of maritime and land biodiversity.

The programme will focus on the following three priorities: 

  • Innovation and competitiveness, with investments in R&I and SMEs contributing to the building of a strong export based economy. Emphasis is put on sectors with high growth potential such as the agro-food industry, blue growth, tourism, cultural heritage, cultural and creative industries.
  • Integrated environmental management. This priority aims at facilitating the development and implementation of common approaches to the management of the environment, promotion of the cultural and natural heritage and fostering shared potentials and responsibilities in the field of environmental protection and risk prevention.
  • Multimodal sustainable transport system. This will be achieved by investments in regional and cross-border connections which will improve the accessibility to transport infrastructures, the coordination of cross-border transport systems and procedures, the integration with Regional, National and cross-border Transport Plans, as well as the promotion of an efficient and environmental-friendly mobility and transport system.

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