1 European Union Regional Policy – Employment, Social Affairs and Inclusion The The impact of the impact of the Multiannual Financial Multiannual Financial Framework (MFF) 2014- Framework (MFF) 2014- 2020 2020 on on EU Cohesion Policy EU Cohesion Policy
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The impact of the Multiannual Financial Framework (MFF) 2014-2020 on EU Cohesion Policy
The impact of the Multiannual Financial Framework (MFF) 2014-2020 on EU Cohesion Policy. MFF: More Europe for the same money. MFF fully geared to support the objectives of the Europe 2020 strategy - PowerPoint PPT Presentation
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European UnionRegional Policy – Employment, Social Affairs and Inclusion
TheThe impact of the impact of the Multiannual Financial Multiannual Financial
Framework (MFF) 2014-2020 Framework (MFF) 2014-2020 on on
EU Cohesion PolicyEU Cohesion Policy
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European UnionRegional Policy – Employment, Social Affairs and Inclusion
MFF: More Europe for the same money
• MFF fully geared to support the objectives of the Europe 2020 strategy
• Budget limited in size (i.e. commitment level of 2013 x 7 years = € 1033 Billion in 2011 prices = 1.08 % of EU GNI)
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European UnionRegional Policy – Employment, Social Affairs and Inclusion
A significant share for Cohesion Policy (1/3 of total budget)
COMPARISON MFF 2007-13/2014-20
Billion € in 2011 prices
Difference (in %)2007-2013 2014-2020
1. Smart and Inclusive Growth 445.5 494.7 11.0%
Of which Cohesion Policy 354.8 338.9 -4.5%
Of which infrastructure (Connecting Europe Facility) 12.9 40.3 212.4%
Of which Competitiveness (CSF research & innovation; Education; Galileo etc) 77.8 115.5 48.5%
Of which Market related expenditure and direct payments 322.0 283.0 -12.1%
3. Security and Citizenship 12.4 18.8 51.6%
4. Global Europe 56.8 70.0 23.2%
5. Administration (including pensions and European schools) 56.9 63.2 11.1%
Of which administrative expenditure of EU institutions 48.4 51.0 5.4%
Total commitment appropriations 993.6 1 033.0 4.0%
In % of EU-27 GNI 1.12% 1.08%
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European UnionRegional Policy – Employment, Social Affairs and Inclusion
New architecture of Cohesion Policy
• Three categories of regions – Less developed regions (GDP per capita < 75% of EU average)– Transition regions (GDP per capita between 75% and 90%)– More developed regions (GDP per capita > 90%)
• Cohesion Fund for Member States with GNI per capita <90%