20 Dec 2016
EUROPEAN COMMISSION DAILY NEWS – 20 DECEMBERBrussels Daily
Already €130 billion delivered into Europe’s real economy under the European Structural and Investment Funds
For the first time, the Commission issued a progress report covering the five Funds. It shows a sharp acceleration in investments over the last months, with an implementation expected to reach cruising speed in 2017.
By the end of 2015, 274 000 businesses had already received support under the 2014-2020 European Structural and Investment (ESI) Funds; 2.7 million people already had benefitted from assistance in finding a job or developing skills; the biodiversity of 11 million hectares of agricultural land was improved and one million EU-funded projects were selected, for a total value of almost €60 billion.
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