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How the EU budget is spent

This tag is associated with 22 posts

How the EU budget is spent: EU Aid Volunteers initiative

Written by Alina Dobreva with Philipp Wegner, Volunteering brings practical relief to communities hit by natural or man-made disasters. It also raises volunteers’ awareness and strengthens their sense of solidarity with victims, and helps them to acquire professional skills and experience. The EU Aid Volunteers initiative (EUAV) promotes volunteering among young Europeans, breaking down the … Continue reading

How the EU budget is spent: Erasmus+

Written by Sidonia Mazur, Denise Chircop; Graphics by Christian Dietrich. Erasmus+ is the European Union’s single programme encompassing action in the fields of education, training, youth and sport for the years 2014-2020 with a financial envelope just below €15 000 million. Erasmus+ comes under the budgetary heading ‘Smart and Inclusive Growth’. The programme finances learning mobility for … Continue reading

How the EU budget is spent: European Neighbourhood Instrument

Written by Matthew Parry, The European Neighbourhood Instrument (ENI) was established in 2014 by Regulation (EU) No 232/2014 and endowed with a budget of just over €15.4 billion for the 2014-2020 period. The ENI funds EU efforts to cooperate with and promote development in 16 countries and territories on its eastern and southern frontiers, as … Continue reading

How the EU budget is spent: The European Regional Development Fund

Written by Magdalena Sapała, The European Regional Development Fund (ERDF) is one of five European Structural and Investment (ESI) Funds aimed at achieving economic, social and territorial cohesion in the European Union. The ERDF’s primary task is to redress the main regional imbalances in the Union through investment in the structural adjustment of regions where … Continue reading

How the EU budget is spent: Cohesion Fund

The Cohesion Fund allocation for 2014-2020 is €63 396.06 million, this is 14% of total ESI Funds allocation and almost 7% of the total EU Multiannual Financial Framework. The biggest recipient of the fund in absolute terms is Poland, followed by Romania. Estonia and Slovakia receive the highest support per inhabitant. Continue reading

How the EU budget is spent: Common Agricultural Policy

Written by Gianluca Sgueo, Francesco Tropea and Marie-Laure Augere-Granier, With 52% of the European Union (EU) territory classified as predominantly rural, more than 170 million hectares of agricultural land, and 113 million people (nearly one quarter of the EU population) living in rural areas, the Common Agricultural Policy (CAP) represents one of the largest shares of expenditure from … Continue reading

How the EU budget is spent: Competitiveness of Enterprises and SMEs (COSME)

Written by Martin Svasek, COSME is the EU programme for the Competitiveness of Small and Medium-sized Enterprises (SMEs). Allocated a financial envelope of EUR 2.3 billion for the 2014-2020 period, it is designed to improve SMEs’ access to finance and markets. It should also support entrepreneurship and provide more favourable conditions for business creation and … Continue reading

How the EU budget is spent: Health Programme

Written by Matthew Parry and Nicole Scholz, The European Union is legally obliged (Article 168 of the Treaty on the Functioning of the European Union (TFEU)) to ‘ensure a high level of human health protection’ when shaping and implementing its policies and activities. However, since public health policy remains a Member State competence, with individual … Continue reading

How the EU budget is spent: Common Foreign and Security Policy

Written by Alina Dobreva and Carmen-Cristina Cîrlig, The EU’s Common Foreign and Security Policy (CFSP) is designed to preserve peace, prevent conflicts, strengthen international security and ensure the visibility and effectiveness of EU foreign policy. Spending under the CFSP (€327.3 million in commitments for 2016) covers only some EU foreign policy measures, namely civilian missions, … Continue reading

How the EU budget is spent: Rights, Equality and Citizenship

Written by Gianluca Sgueo, With a financial envelope of nearly €440 million for the period 2014-2020, four main financing actions and nine specific objectives, the Rights, Equality and Citizenship Programme (RECP) is a European Union (EU) funding programme aiming to protect equality and the rights of persons, as enshrined in the Treaty on the Functioning of … Continue reading

How the EU budget is spent: Humanitarian Aid

Written by Alina Dobreva EU Humanitarian Aid (HA) provides a needs-based emergency response to natural disasters and man-made crises outside the EU, in order to save lives, prevent and alleviate human suffering, and protect the human dignity of affected populations. It provides relief regardless of recipients’ nationality, religion, gender or ethnic origin, and based on … Continue reading

How the EU budget is spent: Connecting Europe Facility

Written by Matthew Parry, Marketa Pape and Alex Wilson The European Commission estimates that some €970 billion should be invested in trans-European (TEN) transport, telecommunications and energy network infrastructure by 2020 if Europe is to reach its full potential in terms of growth and cohesion. The Connecting Europe Facility (CEF) is designed to contribute to this objective, … Continue reading

How the EU budget is spent: European Instrument for Democracy and Human Rights

Written by Alina Dobreva The aim of the European Instrument for Democracy and Human Rights (EIDHR) is to provide support for the promotion of democracy and human rights in non-EU countries. The EIDHR was established in 2006, and reflects the founding values of the European Union (EU): democracy and respect for human rights, and the … Continue reading

How the EU budget is spent: Creative Europe: encouraging creative growth and employment

Written by Matthew Parry and Magdalena Pasikowska-Schnass Cultural and audiovisual operators in Europe face not only the challenges of the shift towards digitalisation, market fragmentation, global competition and a difficult financial climate. They are also confronted with a linguistically fragmented European cultural and audiovisual market. The Creative Europe programme creates favourable conditions for multilateral and … Continue reading

How the EU budget is spent

Written by Alessandro D’Alfonso The EU budget corresponds to around 1% of the Union’s gross national income (or 2% of total public spending in the EU) and its impact on the economy is debated, with many analysts deeming it relatively small in size in comparison with the wide range of policy areas in which the … Continue reading

How the EU budget is spent: the European Structural and Investment Funds

Written by Magdalena Sapała Although the EU budget is small in relation to the EU’s collective gross national income, it is a powerful source of investment. In the period 2014-20, almost 42% of planned spending (approximately €453.2 billion) will be channelled to the regions to enhance their economic, social and territorial development through five EU Structural … Continue reading

How the EU budget is spent: Europe for citizens

Written by Gianluca Sgueo How does the European Union contribute to fostering an understanding of its history and diversity? And how does it attempt to boost EU civic participation? Europe for citizens is an EU programme aimed at encouraging direct participation in EU policies by citizens, and promoting dialogue between the EU institutions, civil society … Continue reading

How the EU budget is spent: EU helps Member States respond to disaster

Written by Matthew Parry The EU’s Civil Protection Mechanism (CPM) was activated recently in response to the 7.8-magnitude earthquake in Nepal, with Member States using it to offer search and rescue teams, water purification systems and technical assistance. The CPM has monitored over 300 disasters and been activated more than 215 times since its launch … Continue reading

How the EU budget is spent: EU expenditure on animal and plant health and a safe food chain

Written by Alessandro D’Alfonso The agri-food sector plays a significant role in the EU’s economy, employing close to 50 million people. EU expenditure on ‘food and feed’ aims to contribute to safety along the food chain, mainly by preventing, controlling and eradicating serious pests and diseases, in animals or plants, and strengthening related controls. Key objectives … Continue reading

How the EU budget is spent: Consumer programme

Written by Gianluca Sgueo and Jana Valant Consumer spending accounts for 57% of EU gross domestic product (GDP), which makes European consumers key to stimulating growth in the European economy. Between 2008 and 2010, the volume of intra-EU trade in consumer products amounted to almost €1 trillion. In 2013, the European Commission estimated the value of … Continue reading

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