EU Budget Greece 2014-2020 update November 2014 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

1. GREECE
UPDATED | 11| 2014

2. EU BUDGETS
2014 | 2020

3. COHESION
AREAS

4. POLICY
ELIGIBILITY
2014 - 2020

5. ALL AMOUNTS x 1.000.000
EU BUDGET
ALLOCATION
IN 2011 PRICES
Global Europe
Administration
Compensation
Security & Citizenship
€ 199.828
€ 959.988
in current prices: € 1.082.555

6. BUDGET
PROPORTIONS
ALL AMOUNTS x 1.000.000

7. BUDGET
GREECE
AMOUNTS
REGIONALLY
ALLOCATED
ALL AMOUNTS x 1.000.000

8. THE 5
ESI FUNDS
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

9. PARTNERSHIP
AGREEMENTS
| 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.

10. MAXIMUM
AID PERCENTAGES
The 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%.

11. MAXIMUM
AID PERCENTAGES
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.
Under the new map, seven areas 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:
Anatoliki Makedonia and Thraki, Kentriki Makedonia, Thessalia, Ipeiros, Dytiki
Ellada, Peloponnisos and Vorio Aigaio
In the previous period, four more areas had a GDP below 75% of the EU average.

12. MAXIMUM
AID PERCENTAGES
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).

13. STATUS
CURRENT
UPDATED 30/10
Total number
of OP´s submitted
per country
Countries have
their OP´s
adopted: 21 OP >Denmark
1 OP >Lithuania

14. PLANNING
| Partnership agreement adopted end of May 2014
| Adoption of OP’s by European commission in Q4 2014
| Expected first grant calls Q1 2015 for funding priorities related to
Op’s
OPs should be submitted by Member States within 3 months following the
submission of the Partnership Agreement.
The Commission makes observations within 3 months and adopts the OP
no later than 6 months from the date of its submission.

15. FUNDING
PRIORITIES
Priorities for Greece are set out in the Partnership Agreement
approved by the European Commission on 23 May 2014.
The principal objectives are:
| Support and promote competitiveness and innovation
| Tackle and mitigate the severe effects of the economic, and social crisis
with particular focus on high unemployment (especially youth)
| Trigger and pursue reforms to modernise and ensure an efficient public
administration.

16. FUNDING
PRIORITIES
The strategy identifies five pillars to build upon the "exit strategy"
from the crisis, namely:
| Competiveness and openness of SMEs
| Development of human resources & active social inclusion,
| Low carbon economy,
| Key network infrastructure and
| Modernization of the state.

17. FINANCIAL
ALLOCATIONS
For 2014-2020, Greece has been allocated € 15.35 billion (current
prices) in total Cohesion Policy funding:
| € 7.03 billion for less developed regions (Eastern Macedonia and Thrace,
Central Macedonia, Thessaly, Epirus, Western Greece)
| € 2.31 billion for transition regions (Western Macedonia, Continental
Greece, Ionian Islands, Peloponnesus, Crete, North Aegean Islands)
| € 2.53 billion for more developed regions (Attica, South Aegean Islands)

18. FINANCIAL
ALLOCATIONS
| € 3.25 billion under the Cohesion Fund
| € 231.7 million for European Territorial Cooperation
| €171.5 million for the Youth Employment Initiative.
Of this, ESF in Greece will represent a minimum of € 3.33 billion.
The actual share will be set in light of the specific challenges the
country needs to address in the areas covered by the ESF.

19. PROGRAMME
ARCHITECTURE
In 2014-2020, Greece will manage eighteen operational programmes.
From these, thirteen regional programmes will receive funding from the
European Regional Development Fund (ERDF) and the European Social
Fund (ESF),
| two national programmes will receive funding from the ERDF and ESF
| one national programme funded by ERDF and the Cohesion Fund
| one national programme will receive funding from the ESF
| a national technical assistance programme will receive funding from the
ERDF, ESF and the Cohesion Fund.

20. EU BUDGET
BEEAKDOWN
ALL AMOUNTS x 1.000.000

21. ALLOCATION BROKEN DOWN BY
THEMATIC OBJECTIVE& BY FUND

22. BUDGET BREAKDOWN
OPERATIONAL PROGRAMS