Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/14/1217 (29.10.14) |
Publication Date | 29/10/2014 |
Content Type | News |
The European Commission has adopted a ' Partnership Agreement ' with Sweden setting down the strategy for the optimal use of European Structural and Investment Funds throughout the country. The agreement from 29 October 2014 paved the way for investing €2.1bn in total Cohesion Policy funding (from the European Social Fund and the European Regional Development Fund) over 2014-2020 (current prices, including European Territorial Cooperation funding and the allocation for the Youth Employment Initiative). Sweden also received close to €1,763m for rural development and €120 million for fisheries and the maritime sector. The EU investments will help tackle unemployment, boost competitiveness and economic growth through support to innovation, training and education in cities, towns, rural and coastal areas. They will also promote entrepreneurship, fight social exclusion and help to develop an environmentally friendly and a resource-efficient economy. |
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Source Link | http://europa.eu/rapid/press-release_IP-14-1217_en.htm |
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Subject Categories | Business and Industry, Politics and International Relations |
Countries / Regions | Europe, Sweden |
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