The Council of Ministers, European Union and Commission have now approved the European Union's budget through to 2013. The UK will continue to receive significant European Funding, with some €9.4bn of funding anticipated, of which €6.2bn will be available for the Competitiveness and Employment Objective.
New Programmes
The European Commission has proposed the following new programmes:
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'Convergence' Programme equivalent to Objective 1 (regions under 75% of European Union average Gross Domestic Product)
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'Competitiveness and Employment' Programme equivalent to Objectives 2 and 3 (criteria to be determined by the Member States)
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'Co-operation' Programme, which will cover the old Interreg IIIA, IIIB, IIIC, Interact, Urbact and Espon
The majority of the funding received by the UK will be through a new European Regional Development Fund (ERDF) and a new European Social Fund (ESF). The allocation for the East Midlands is €516.5m made up of an ERDF programme worth €268.5m and an ESF programme worth €248m. Further information on the development of both these new programmes can be found by following the links to the left of the page.
It is important to note that the project activity funded by the current 2000-2006 programmes will continue until 2008. There will be some overlap between the programmes in 2007 and 2008 while the current programmes run down and the new programmes start up.
Contact Information
New European Programmes
Regional Policy Team
Government Office East Midlands
The Belgrave Centre
Talbot Street
Nottingham
NG1 5GG
Tel: 0115 971 2544 or 2548
Fax: 0115 971 2404
Email: new_european@goem.gsi.gov.uk
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