Partnership Agreement on the Structural Funds
Italy adopted the Partnership Agreement with the European Commission on the Structural Funds 2014-2020 in which you define the strategy for optimal use of funds in our country. The adoption of the Agreement paves the way for investment of 32.2 billion euro in favor of the Cohesion Policy of this seven years. Italy also receives € 10.4 billion for rural development and 537.3 million euro for the shipping industry and fishing.
The Structural Funds and European investment funds (EIS) are: the European Regional Development Fund (ERDF), the European Social Fund (ESF), the European Maritime and Fisheries Fund (EMFF), the European Agricultural Fund for rural Development (EAFRD).
EU investment will help address the problem of unemployment and to enhance the competitiveness and economic growth, supporting innovation, training and education in urban and rural areas. They will also serve to promote entrepreneurship, to combat social exclusion and to help develop eco-efficient economy in terms of resources.