EU Budget Belgium 2014-2020 update November 2014

BELGIUMUPDATED | 11| 2014

2014 | 2020EU BUDGETS

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Global Europe

Administration

Compensation

Security & Citizenship

€ 199.828

€ 959.988in current prices: € 1.082.555

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The five European Structural and Investment Funds;

| The European Regional Development Fund

| The European Social Fund

| The Cohesion Fund

| The European Maritime and Fisheries Fund

| The European Agricultural Fund for Rural Development

ESI FUNDSTHE 5

| EU Member States are required to draw up and implement

strategic plans with investment priorities covering the five ESI

Funds.

| These Partnership Agreements (PAs) are negotiated between the

European Commission and national authorities, following their

consultation of various levels of governance, representatives from

interest groups, civil society and local

and regional representatives.

AGREEMENTSPARTNERSHIP

| The map covers areas with a population of 3,314,470 which represents

29.95% of the total Belgian population. It covers the Province of Hainaut in

its entirety and a number of smaller zones containing 8% of the Belgian

population in the Flemish Region, 8% in the Walloon Region and 1.89% in

the Brussels Region.

| The map will be in force between 1 July 2014 and 31 December 2020.

AID PERCENTAGESMAXIMUM

| The regional aid map establishes the maximum level of aid that can be

granted to large enterprises for regional investment projects carried out in

the assisted areas.

| This level has been set at 10% of the investment cost in all designated

areas, with the exception of the Province of Hainaut where the maximum

aid ceiling is set at 15% of the investment cost until 31.12.2017.

| This percentage can be increased by 10 percentage points for

investments carried out by medium-sized enterprises and by 20

percentage points for investments by small enterprises.

AID PERCENTAGESMAXIMUM

| The Belgian regional aid map is very similar to the previous regional aid

map (2007-2013), except for a small increase in its population allocation.

| The Belgian authorities opted for continuity in their assisted area map and

used the additional population allocation they had received to add some

municipalities to existing regional aid zones, mostly in Eeklo and the

Provinces of Limburg and Liege.

AID PERCENTAGESMAXIMUM

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STotal number

of OP s submitted

per country

Countries have

their OP s

adopted:21 OP >Denmark

1 OP >Lithuania

Final version including the modifications requested at the FT

meeting sent on 24/10/2014.

| Partnership Agreement Adopted 29 –10 – 2014

| 2 Operational Programme’s submitted

| Adoption of OP’s by European commission in Q4 2014

| Exp.1st grant calls Q1 2015 for funding priorities related to OP’s

The Commission makes observations within 3 months and adopts the OP

no later than 6 months from the date of its submission.

PLANNING

The PA focus on the following priorities:

| Promoting innovation friendly business environment by enhancing the

competitiveness of SMEs, improving innovation and research performance

and developing an e-economy

| Developing human capital growth and improved labour market

participation by reinforcing all levels of education, increasing access to

employment of the most vulnerable groups in society (in particular the

young and long-term unemployed) and promoting social inclusion

PRIORITIESFUNDING

| Encouraging sustainable and efficient use of natural resources through

promotion of energy efficiency and a low carbon economy, protection of the

environment and adaptation to climate change

Belgium has chosen to finance investment under 8 thematic objectives

defined in the Regulations.

PRIORITIESFUNDING

The agreement paves the way for investing €2.28 billion in total

Cohesion Policy funding over 2014-2020 (current prices, including

European Territorial Cooperation funding and the allocation for the

Youth Employment Initiative.

Belgium also receives €551.8 million for rural development and

€41.7 million for fisheries and the maritime sector.

ALLOCATIONSFINANCIAL

| The EU investments will help tackle unemployment and boost

competitiveness and economic growth through support to

innovation, training and education in cities, towns and rural areas.

| They will also promote entrepreneurship, fight social exclusion

and help to develop an environmentally friendly and a resource-

efficient economy.

ARCHITECTUREPROGRAMME

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THEMATIC OBJECTIVE& BY FUNDALLOCATION BROKEN DOWN BY

FUNDING PRIORITIES