EU Cohesion Policies A significant amount of EU expenditure is on Cohesion Policies. Cohesion policies have been integral to the EU since the outset. Ireland, in particular, benefited significantly from cohesion funds until the early years of the 21st century. In the preamble to the Treaty of Rome, it was declared that the member states […]
Category: Finance & Budget
European Agricultural Fund for Rural Development
Support for Rural Development This regulation: sets out how the European Agricultural Fund for Rural Development (EAFRD) aims to develop the agricultural sector over the 2014-2020 period to be more geographically and environmentally balanced and climate-friendly resilient, competitive and innovative; lays down the rules governing the EU’s support for rural development, funded by the EAFRD; explains the […]
Direct EU Payments to farmers
CAP Direct Payments It sets out the rules for direct payments made to support farmers under the EU’s common agricultural policy (CAP). These payments are made on the condition that farmers meet strict rules on the health and welfare of people and animals, plant health and the environment — known as cross-compliance. In December 2017, […]
European Development Fund (EDF)
The EDF The European Development Fund supports actions in developing countries and territories to promote economic, social and human development, as well as regional cooperation. The European Development Fund (EDF) is the main instrument for providing Community aid for development cooperation in the African, Caribbean and Pacific (ACP) States and Overseas countries and territories (OCTs). […]
Development Cooperation
Background Through its Development Cooperation Instrument, the European Union aims to reduce poverty in developing countries, as well as to promote sustainable economic, social and environmental development, democracy, the rule of law, human rights and good governance. Regulation (EU) No 233/2014 of the European Parliament and of the Council of 11 March 2014 establishing a […]
Structural Funds Breakdown 2014-2020
Structural Funds Implementation Implementing Decision 2014/190/EU on annual distribution of structural funds among EU countries defines how much funding each country will get under the EU’s main structural funds, the EU’s development programmes for regions. The decision breaks down the allocation of structural funds resources (the European Regional Development Fund (ERDF), the European Social Fund […]
Cohesion Fund (2014-20)
Regulation on Cohesion An EU Regulation sets out the objectives for the EU’s Cohesion Fund for the funding period 2014-20. The Fund is one of the EU’s financial instruments that aim to narrow the disparities in development between the regions. Regulation (EU) No 1300/2013 of the European Parliament and of the Council of 17 December […]
European Social Fund
Regulation on the European Social Fund It sets down principles, rules and standards for the implementation of the European Social Fund (ESF). In 2014-2020, the ESF covers 4 main areas of investment: employment and in particular youth employment; social inclusion; education; and good governance (i.e. improved quality of public administration). Overall aimsThe ESF invests in […]
Common rules on Funds (2014-2020)
European Structural and Investment Funds It sets out the common principles, rules and standards for the operation of the European Structural and Investment Funds (ESI funds) for the period 2014-2020. The ESI funds consist of 5 funds: the European Regional Development Fund (ERDF), the European Social Fund (ESF), the Cohesion Fund, the European Agricultural Fund […]
European Regional Development Fund (2014-2020)
ERDF Regulation An EU regulation sets down principles, rules and standards for the implementation of the European Regional Development Fund (ERDF) and the scope of its investment for growth and jobs and territorial cooperation in 2014-2020. The ERDF aims to promote the harmonious, balanced and sustainable development of the European Union (EU) by correcting some […]
Adoption of the Budget
EU institutions and bodies forward their budget estimates for the following year no later than 1 July to the European CommissionIn practice, the Commission seeks to have its draft budget ready in spring (April/May). Based on these estimates, the Commission draws up the draft budget for the following year. It must forward this draft budget […]
Multiannual EU budget (2014-2020)
Key Points The EU adopted the 7-year plan for the 2014-2020 period in December 2013. The multiannual financial framework (MFF) amounts to €960 billion in commitments (legal promise to provide finance, assuming certain conditions are met) and €908.4 billion in payments (actual transfers to beneficiaries) over the 7-year period, expressed in constant prices of the […]
European Social Fund UK No Deal Notes
Purpose This notice sets out how organisations in receipt or applying for European Social Fund (ESF) grants would be affected if the UK leaves the European Union (EU) with ‘no deal’. Find out how this would affect you if you: want to apply for funding from the European Social Fund already get funding for European […]
EU Programmes UK No Deal Notes
The government’s guarantee for EU-funded programmes Purpose The purpose of this notice is to provide an overview of the scope of the government’s guarantee for EU-funded programmes and to link external stakeholders to the parts of government responsible for overseeing the application of the guarantee for specific programmes. Before 29 March 2019 (may also apply to new exit date on 31 December 2020) Until our departure […]
EU Funding UK Post-Deal Guidance
Guidance Getting EU funding You can still apply for EU funding and will continue to get any funding you’ve been awarded. Published 5 August 2020 Last updated 30 December 2020 — see all updates From: Government Digital Service Contents EU funding you can still apply for If you’re told your funding will finish early Funding you […]
EIB Financing Guidance
European Investment Bank Group financing if there’s no Brexit deal Published 10 January 2019 1. What happens to EIB Group financing in the event of no deal? Any organisation that has received financing for a UK project from the EIB Group (European Investment Bank or European Investment Fund) should be aware that the EIB Group’s operating rights for such projects are preserved […]
UK Lords Committee European Investment Bank
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UK Contributions
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EU Budget UK Parliament
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Implementing the Budget
Rules governing the EU budget Regulation (EU, Euratom) 2018/1046 — the financial rules applicable to the EU’s general budget.The regulation updates and simplifies the rules for drawing up and implementing the EU budget. It reduces the overall number of rules by half, making them more concise and easier to apply. The former Rules of Application […]
Budget Contributions
EU countries’ contributions to the EU’s budget The European Union has adopted rules on methods and procedures to be followed by EU countries in regard to their contributions to the EU’s budget, which are known as the EU’s own resources. Council Regulation (EU, Euratom) No 609/2014 of 26 May 2014 on the methods and procedure […]
The EU Budget
Multiannual EU budget (2014-2020) Regulation (EU, Euratom) No 1311/2013 — the EU’s multiannual financial framework for the years 2014-2020 sets out the maximum annual amounts that can be spent on the EU’s different policy areas over the 2014-2020 period. KEY POINTS The EU adopted the 7-year plan for the 2014-2020 period in December 2013. The […]