How the EU budget is spent: European Regional Development Fund

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Publication Date October 2016
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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 https://epthinktank.eu/2016/10/19/how-the-eu-budget-is-spent-the-european-regional-development-fund/
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/

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