Cohesion fund

Total reference amount: €74,928.36 million (current prices)

Aims

The Cohesion fund aims at reducing economic and social shortfall, as well as stabilising the economy of Member States whose Gross domestic product (GDP) per inhabitant is less than 90 % of the EU average.

Legal basis

More information

Regional policy website


Less developed regions

Total reference amount: €185,374.42 million (current prices)

Aims

“Less developed regions” are the European regions whose GDP is less than 75 % of the EU average. Funding is made available through the European Regional Development Fund and the European Social fund.

Legal basis

More information

Regional policy website


More developed regions

Total reference amount: €55,780.14 million (current prices)

Aims

“More developed regions” are the European regions whose GDP is above 90 % of the EU average. Funding is made available through the European Regional Development Fund and the European Social fund.

Legal basis

More information

Regional policy website


Outermost and sparsely populated regions

Total reference amount: €1,562.99 million (current prices)

Aims

Areas that are naturally disadvantaged from a geographical viewpoint (remote, mountainous or sparsely populated areas), as well as outermost areas benefit from specific assistance from the European  Regional Development Fund to address possible disadvantages.

Legal basis

More information

Regional policy website


Territorial cooperation

Total reference amount: €10,228.81 million (current prices)

Aims

The European territorial cooperation scheme helps regions across Europe work together to address shared problems. Funding is made available through the European Regional Development Fund.

Legal basis

More information

Regional policy website


Transition regions

Total reference amount: €35,701.31 million (current prices)

Aims

Transition regions are those regions whose GDP is between 75% and 90% of the EU average. They receive support from the European Regional Development Fund and from the European Social fund.

Legal basis

More information

Regional policy website


Youth employment initiative

Total reference amount: €3,211.22 million (current prices)

Aims

The Youth employment initiative supports young people not in education, employment or training in the Union’s regions with a youth unemployment rate in 2012 at above 25 %. The initiative focuses on integrating these young people into the labour market. Of the funding, €3 billion come from a dedicated Youth Employment budget line complemented by €3 billion more from the European Social Fund.

Legal basis

More information

Employment, Social affairs and Inclusion website