| Author (Corporate) | United Kingdom: House of Commons: European Scrutiny Committee |
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| Publisher | House of Commons Library |
| Series Title | 46th Report |
| Series Details | HC 428-xl |
| Publication Date | 18/11/2011 |
| ISBN | 978-0-21-503873-9 |
| Content Type | Research Paper |
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Summary: One of the objectives of the European Union is to “promote economic, social and territorial cohesion, and solidarity among Member States.” Successive enlargements of the EU have significantly increased differences in levels of development against a variety of economic and social indicators. The EU’s cohesion policy seeks to reduce these disparities by using the EU’s Structural and Cohesion Funds to provide targeted financial assistance to Member States and their regions. These Funds account for more than one third of the EU’s budget and amount to €347 billion for the period 2007–13. They comprise the European Regional Development Fund (ERDF), the European Social Fund (ESF) and the Cohesion Fund. |
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| Source Link |
Link to Main Source
http://www.publications.parliament.uk/pa/cm201012/cmselect/cmeuleg/428-xli/42802.htm
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| Subject Categories | Internal Markets |
| Keywords | Cohesion Fund [CF], European Regional Development Fund [ERDF], European Social Fund [ESF] |
| Countries / Regions | United Kingdom |
| International Organisations | European Union [EU] |
