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EUGrants2014-2020
Greece
EUROPE2014-2020
COHESIONAREAS
Greece
• A regional aid map defines the regions of a Member State eligible for
national regional investment aid under EU state aid rules. It will be in force
between 1 July 2014 and 31 December 2020. The map also sets the
maximum levels of aid (so-called "aid intensities") that can be granted to
regional investment projects carried out by large enterprises in the
assisted areas at between 10% and 25% of total investment costs,
depending on the area concerned. These intensities can be increased for
investments carried out by medium sized enterprises by 10% and for small
enterprises by 20%.
• The new regional aid map for Greece will cover its entire territory and 100
% of its population, because the country benefits from the European
Stability Mechanism.
• Regional aid is meant to benefit the most disadvantaged regions of
Europe. Under the new map, seven areas (Anatoliki Makedonia and
Thraki, Kentriki Makedonia, Thessalia, Ipeiros, Dytiki Ellada, Peloponnisos
and Vorio Aigaio) which have a GDP per capita below 75% of the EU
average - covering 56.1% of the population of Greece - will be eligible for
regional investment aid.
Greece EU Grants 2014-2020
Update July 2014
Greece
• In the previous period, four more areas had a GDP below
75% of the EU average. In order to ensure a smooth
transition, the regions of, Ionia Nisia, Kriti, Dytiki
Makedonia and Attiki covering 43.9% of the population of
Greece, will continue to be eligible for regional aid until
2020. As from 2018, the maximum aid intensities will be
reduced, except for the areas of Kastoria and Florina that
share land borders with a country outside the European
Economic Area (EEA) and are therefore entitled to keep
higher aid intensities.
• The maximum aid intensities for regional investment aid in
the Greek assisted regions have slightly decreased as
compared to the previous aid map (by 5 to 15 percentage
points, depending on the region).
Greece EU Grants 2014-2020
Update July 2014
PA submitted no OP’s PA & OP’s submitted
Czech republic PA 17/04
Italy: PA 22/04
Spain: PA 22/04
Croatia: PA 22/04
Ireland: PA 22/04
Luxemburg : PA 30/04
Romania: PA 01/04
France: PA 14/01 and all 32 OPs submitted
Portugal: PA 04/02 and all ten OPs submitted
Lithuania: PA 04/01 and their one OP submitted
Finland: PA 17/02 and their one OP submitted
Hungary: PA 07/03and all five OPs submitted
Netherlands: PA 10/03 and all four OPs submitted
Malta: PA 01/04 and one OP submitted
Bulgaria: PA 02/04and all four OPs submitted
Slovenia: PA 10/04and their one OP submitted
Sweden: PA 17/04 and nine OPs submitted
Austria: PA 17/04 and their one OP submitted
United Kingdom: PA 17/04 and three OPs submitted
Belgium: PA 23/04and two OP submitted
Adopted PA no OP’s Adopted PA OP’s submitted
Greece: PA adopted 23/05
Cyprus: PA adopted 20/06
Poland: PA adopted 23/05 and all 21 OPs submitted
Latvia: PA adopted 20/06 and their one OP submitted
Slovakia: PA adopted 20/06 and all five OP submitted
Germany: PA adopted 22/05 and 15 OPs submitted
Estonia: PA adopted 20/06 and their one OP submitted
Denmark: PA adopted 05/05 and their one OP submitted
Current status Europe Partnership Agreements &
Operational Programmes
• Partnership agreement adopted end of May
2014
• Adoption of OP’s by European commission in
Q3 2014
• Expected first grant calls Q4 2014 for funding
priorities related to Op’s
Planning
Budget breakdown Greece
€ -
€ 5,000
€ 10,000
€ 15,000
€ 20,000
€ 25,000
€ 30,000
€ 35,000
€ 40,000
€ 3,250€ 7,034
€ 2,306€ 2,528
€ 232 € 172
€ 15,400
€ 4,196
€ 389
€ 35,507
AxisTitle
Cohesion
Fund
Less
Developed
Regions
Transition
Regions
More
Developed
Regions
Outermost
and
northern
sparsely
populated
regions
European
Territorial
Cooperatio
n
Youth
Employme
nt Initiative
(additional
allocation)
Direct
payments
CAP
Rural
developme
nt (7) CAP
European
Maritime
and
Fisheries
Fund
Nuclear
decommiss
ioning
Total
Greece € 3,250 € 7,034 € 2,306 € 2,528 € 232 € 172 € 15,400 € 4,196 € 389 € 35,507
Greece
Budget breakdown Greece
Budget breakdown GreeceBudget breakdown Greece OP’s
Budget breakdown GreeceBudget breakdown Greece OP’s
Budget breakdown GreeceCash Flow OP’s Greece
Budget breakdown Europe
€ -
€ 20,000
€ 40,000
€ 60,000
€ 80,000
€ 100,000
€ 120,000
Belgium
Bulgaria
CzechRepublic
Denmark
Germany
Estonia
Ireland
Greece
Spain
France
Croatia
Italy
Cyprus
Latvia
Lithuania
Luxembourg
Hungary
Malta
Netherlands
Austria
Poland
Portugal
Romania
Slovenia
Slovakia
Finland
Sweden
AstitelX1.000
Total national spending
Other
Rural development (7) CAP
Direct payments CAP
European Territorial
Cooperation
Regions
Budget breakdown Europe
HUDSON: Financial Incentives
Want to receive updates on future grant calls or
want more information about pan-european
grant, FDI & tax possibillities from the European
Union?
Send an email to joost.holleman@hudson.com
or edwin.aelberts@hudson.com
Hudson Financial Incentives

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Greece 2014-2020 EU grants

  • 4. Greece • A regional aid map defines the regions of a Member State eligible for national regional investment aid under EU state aid rules. It will be in force between 1 July 2014 and 31 December 2020. The map also sets the maximum levels of aid (so-called "aid intensities") that can be granted to regional investment projects carried out by large enterprises in the assisted areas at between 10% and 25% of total investment costs, depending on the area concerned. These intensities can be increased for investments carried out by medium sized enterprises by 10% and for small enterprises by 20%. • The new regional aid map for Greece will cover its entire territory and 100 % of its population, because the country benefits from the European Stability Mechanism. • Regional aid is meant to benefit the most disadvantaged regions of Europe. Under the new map, seven areas (Anatoliki Makedonia and Thraki, Kentriki Makedonia, Thessalia, Ipeiros, Dytiki Ellada, Peloponnisos and Vorio Aigaio) which have a GDP per capita below 75% of the EU average - covering 56.1% of the population of Greece - will be eligible for regional investment aid. Greece EU Grants 2014-2020 Update July 2014
  • 5. Greece • In the previous period, four more areas had a GDP below 75% of the EU average. In order to ensure a smooth transition, the regions of, Ionia Nisia, Kriti, Dytiki Makedonia and Attiki covering 43.9% of the population of Greece, will continue to be eligible for regional aid until 2020. As from 2018, the maximum aid intensities will be reduced, except for the areas of Kastoria and Florina that share land borders with a country outside the European Economic Area (EEA) and are therefore entitled to keep higher aid intensities. • The maximum aid intensities for regional investment aid in the Greek assisted regions have slightly decreased as compared to the previous aid map (by 5 to 15 percentage points, depending on the region). Greece EU Grants 2014-2020 Update July 2014
  • 6. PA submitted no OP’s PA & OP’s submitted Czech republic PA 17/04 Italy: PA 22/04 Spain: PA 22/04 Croatia: PA 22/04 Ireland: PA 22/04 Luxemburg : PA 30/04 Romania: PA 01/04 France: PA 14/01 and all 32 OPs submitted Portugal: PA 04/02 and all ten OPs submitted Lithuania: PA 04/01 and their one OP submitted Finland: PA 17/02 and their one OP submitted Hungary: PA 07/03and all five OPs submitted Netherlands: PA 10/03 and all four OPs submitted Malta: PA 01/04 and one OP submitted Bulgaria: PA 02/04and all four OPs submitted Slovenia: PA 10/04and their one OP submitted Sweden: PA 17/04 and nine OPs submitted Austria: PA 17/04 and their one OP submitted United Kingdom: PA 17/04 and three OPs submitted Belgium: PA 23/04and two OP submitted Adopted PA no OP’s Adopted PA OP’s submitted Greece: PA adopted 23/05 Cyprus: PA adopted 20/06 Poland: PA adopted 23/05 and all 21 OPs submitted Latvia: PA adopted 20/06 and their one OP submitted Slovakia: PA adopted 20/06 and all five OP submitted Germany: PA adopted 22/05 and 15 OPs submitted Estonia: PA adopted 20/06 and their one OP submitted Denmark: PA adopted 05/05 and their one OP submitted Current status Europe Partnership Agreements & Operational Programmes
  • 7. • Partnership agreement adopted end of May 2014 • Adoption of OP’s by European commission in Q3 2014 • Expected first grant calls Q4 2014 for funding priorities related to Op’s Planning
  • 8. Budget breakdown Greece € - € 5,000 € 10,000 € 15,000 € 20,000 € 25,000 € 30,000 € 35,000 € 40,000 € 3,250€ 7,034 € 2,306€ 2,528 € 232 € 172 € 15,400 € 4,196 € 389 € 35,507 AxisTitle Cohesion Fund Less Developed Regions Transition Regions More Developed Regions Outermost and northern sparsely populated regions European Territorial Cooperatio n Youth Employme nt Initiative (additional allocation) Direct payments CAP Rural developme nt (7) CAP European Maritime and Fisheries Fund Nuclear decommiss ioning Total Greece € 3,250 € 7,034 € 2,306 € 2,528 € 232 € 172 € 15,400 € 4,196 € 389 € 35,507 Greece Budget breakdown Greece
  • 9. Budget breakdown GreeceBudget breakdown Greece OP’s
  • 10. Budget breakdown GreeceBudget breakdown Greece OP’s
  • 11. Budget breakdown GreeceCash Flow OP’s Greece
  • 12. Budget breakdown Europe € - € 20,000 € 40,000 € 60,000 € 80,000 € 100,000 € 120,000 Belgium Bulgaria CzechRepublic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus Latvia Lithuania Luxembourg Hungary Malta Netherlands Austria Poland Portugal Romania Slovenia Slovakia Finland Sweden AstitelX1.000 Total national spending Other Rural development (7) CAP Direct payments CAP European Territorial Cooperation Regions Budget breakdown Europe
  • 13. HUDSON: Financial Incentives Want to receive updates on future grant calls or want more information about pan-european grant, FDI & tax possibillities from the European Union? Send an email to joost.holleman@hudson.com or edwin.aelberts@hudson.com Hudson Financial Incentives