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Martin Svasek

This tag is associated with 6 posts

How the EU budget is spent: European Fund for Sustainable Development

The European Fund for Sustainable Development (EFSD) is one of the EU financial instruments that promote a proactive development aid policy. It covers three areas of activity (‘pillars’): financing, providing technical assistance for the development of bankable projects, and helping to improve the business environment in partner countries through dialogue. Continue reading

Instrument for Pre-accession Assistance (IPA III) [EU Legislation in Progress]

On 14 June 2018, the European Commission published a proposal for a regulation establishing the Instrument for Pre-accession Assistance (IPA) III as part of a set of external action instruments under the new 2021 to 2027 multiannual financial framework (MFF). Continue reading

How the EU budget is spent: Galileo and EGNOS [Policy podcast]

The current EU multiannual financial framework (MFF) for the 2014 to 2020 period allocates €7 071.73 million to deliver and to ensure the security and interoperability of two EU satellite navigation systems: the European geostationary navigation overlay service (EGNOS), and Galileo. The rules for both systems are set out in Regulation (EU) No 1285/2013 (the ‘GNSS Regulation’). Continue reading

How the EU budget is spent: Instrument for Pre-accession Assistance (IPA II)

Written by Martin Svasek, The Instrument for Pre-accession Assistance (IPA) supports countries that are candidates or potential candidates for EU membership. The support goes towards measures aiming at adopting and implementing the political, institutional, legal, administrative, social and economic reforms required to comply with the Union’s values and to align progressively with the Union’s rules, … Continue reading

How the EU budget is spent: European Social Fund

Written by Martin Svášek, The European Social Fund (ESF) was established by the Treaty of Rome in 1957 and is the oldest EU structural fund still in place. Originally designed to improve employment opportunities for workers in the internal market, the fund aims at raising living standards. For the current 2014-2020 programming period, Regulation (EU) … 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

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