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www.fh-joanneum.at
MANAGEMENT
Policies of the EU –
Regional Policy
Prof. Vito Bobek
University of Apllied Sciences FH Joanneum
Applied Summer School
Business in Europe
www.fh-joanneum.at
MANAGEMENT
Outline of presentation
•
What is it EU regional policy?
•
Why do we bother with a regional policy?
•
How much does it cost?
•
What do we spend the money on?
•
Is it worth it?
www.fh-joanneum.at
MANAGEMENT
NUTS
NUTS 1 (97) NUTS 2 (271) NUTS 3 (1303)
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MANAGEMENT
What is EU Regional Policy?
•
Regional policy is the vehicle for delivering regional aid
•
Biggest slice of the EU budget which helps:
poorer regions catch up
areas undergoing economic change to restructure
with the realisation of most other Community policies
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MANAGEMENT
EU Budget 2007-2013
COMMITMENT APPROPRIATIONS
BY HEADING
In billion of EUR,
at 2004 prices
In %
1a. Competitiveness for growth and employment (research, innovation,
competitiveness)
72.1
8,4%
1b. Cohesion for growth and employment (regional policy)
307.6
35,7%
2. Preservation and management of natural resources
(Common Agricultural Policy, rural development, environment)
371.2
43,1%
of which market-related expenditure (CAP)
293.1
34,0%
3. Citizenship, freedom, security and justice
(internal policies; public health, asylum, immigration)
10.3
1,2%
4. The EU as a global partner (humanitarian and development aid)
50.0
5,8%
5. Total administrative expenditure
50.3
5,8%
6. Compensations Bulgaria and Romania (after accession expected in
2007)
0.8
0,1%
Total commitments
862.4
100
In % of EU-27 GNI
1.045%