How the EU budget is spent: European Regional Development Fund

Author (Person)	Sapała, Magdalena
Publisher	European Parliament: European Parliamentary Research Service (EPRS)
Series Title	Briefing: How the EU Budget is Spent
Publication Date	October 2016
Content Type	Research Paper
	Summary: The European Regional Development Fund (ERDF) is one of the European Structural and Investment (ESI) Funds. It has the largest budget – 43.2% of the total allocation for the ESI Funds – and wide-ranging investment priorities. Its action focuses on the development and structural adjustment of regions whose development is lagging behind. About 95% of ERDF resources is spent on investment for growth and jobs. The remaining 5% supports European territorial cooperation programmes (formerly known as Interreg).
Source Link	Primary Source https://epthinktank.eu/2016/10/19/how-the-eu-budget-is-spent-the-european-regional-development-fund/ Alternative Source Alternative sources http://www.europarl.europa.eu/RegData/etudes/BRIE/2016/589825/EPRS_BRI(2016)589825_EN.pdf
Related Links	ESO Records EP: EPRS: Briefing: How the EU Budget is Spent http://www.europeansources.info/record/how-the-eu-budget-is-spent/
Subject Categories	Internal Markets
Keywords	European Regional Development Fund [ERDF]
International Organisations	European Union [EU]