EU FUNDS: Government Submits Partnership Agreement to European Commission
On 23 April, the government submitted the Partnership Agreement (PA) to the European Commission (EC) for evaluation. The document outlines Croatia’s strategy and justification for the use of EU Structural and Investment (ESI) Funds in the period 2014-2020. The PA is a prerequisite for Croatia to access and maximise the absorption of a total of €10.4 billion in allocated EU funds, out of which €8.3 billion is earmarked for investments in projects that facilitate economic growth and create new jobs, while €2.02 billion is allocated for agriculture and rural development.
Croatia will also have access to €280 million in available funding for the fisheries and maritime affairs area, €66.1 million under the Youth Employment Initiative to tackle youth unemployment in 2014 and 2015, and €456,1 million from the Connecting Europe Facility (CEF) in the period 2014-2016.
According to the above PA, Croatia’s main goals by 2020 are to increase competitiveness of its economy, reducing economic disparities and poverty, and strengthening human resources. In order to realise these goals, the government identified six priorities for the ESI Funds…