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The European Structural and Investment Funds

The European Structural and Investment Funds

The European Structural and Investment Funds

The European Structural and Investment Funds (ESI Funds) are the Union’s means of reducing disparities between the levels of development of its various regions, and of helping less developed regions to catch up. Based on Article 174 of the Treaty on the Functioning of the European Union (TFEU), they contribute to the goal of strengthening economic, social and territorial cohesion. EU action in this field dates back to the 1960s. The rules governing how the Funds are spent, and the procedure for agreeing the rules, have evolved over time.

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