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Slovenia to receive almost 4 billion euros in seven years

The European Commission has adopted a “Partnership Agreement” with Slovenia setting down the strategy for the optimal use of European Structural and Investment Funds throughout the country. The agreement paves the way for investing €3.07 billion in total Cohesion Policy funding over the period 2014-2020. Furthermore Slovenia will also receive €837.8 million for rural development and €24.8 million for fisheries and the maritime sector. The Commission stated that the EU investments will help tackle unemployment and boost competitiveness and economic growth through support to innovation, training and education in cities, towns and rural areas. They will also promote entrepreneurship, fight social exclusion and help to develop an environmentally friendly and a resource-efficient economy.

Commenting on the adoption, Commissioner for Regional Policy, Johannes Hahn stated that »we have adopted a vital investment plan that sets Slovenia on the path to jobs and growth for the next 10 years. This Partnership Agreement reflects the European Commission and Slovenia’s joint determination to make the most efficient use of EU funding.« Commissioner for Employment, Social Affairs and Inclusion, László Andor focused in his statement on the Human capitol, which is »a key driver for economic recovery and the European Social Fund is the main EU instrument for investment in people.« He is also »pleased to see that Slovenia has decided to dedicate 717 million euros (34% of all Structural Funds) to the European Social Fund.« Commissioner for Agriculture and Rural Development, Dacian Cioloş added that »rural Development is a vital pillar of our Common Agricultural Policy, addressing elements relating to economic, environmental and social issues in rural areas, but in a way which allows Member States or regions to design programmes suitable for their own specific situations and priorities«. While Commissioner for Maritime Affairs and Fisheries, Maria Damanaki stated that the funds should »contribute to the sustainable development of Slovenia’s fisheries and maritime sectors by supporting those investments and innovation that will reduce the impact of fishing activities on the marine environment.«

Source: http://europa.eu/rapid/press-release_IP-14-1225_en.htm

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