1957 – 1987

1988 – 1992

  • 1988 – to adapt to the arrival of Greece (1981), Spain and Portugal (1986), the Structural Funds were integrated into a framework cohesion policyintroducing the key principles:
    • focus on the poorest and most backward regions
    • multiannual programming
    • strategic direction of investments
    • involvement of regional and local partners
  • Budget: ECU 64 billion

1994 – 1999

  • 1993 – the Maastricht Treaty introduced three new features:
  • 1993 – creation of the Financial Instrument for Fisheries Guidance
  • 1994-99 – the resources of the structural and cohesion funds have been doubled to reach one third of the EU budget.
  • 1995 – a special objective has been added to support sparsely populated regions in Finland and Sweden.
  • Budget: ECU 168 billion

2000 – 2006

  • 2000 – the “Lisbon strategy” shifted EU priorities towards growth, jobs and innovation. Cohesion policy priorities have changed accordingly.
  • 2000-04 – the pre-accession instruments have made funding and expertise available to countries awaiting EU membership
  • 2004 – the accession of ten new countries (increasing the population of the EU by 20%, but its GDP by only 5%).
  • Budget: 213 billion euros for the 15 current members; 22 billion euros for the new member countries (2004-06)

2007 – 2013

  • 2007: Bulgaria and Romania join the European Union
  • 2013: Croatia joins the European Union
  • Simplified rules and structures
  • The emphasis on transparency and communication and an even stronger focus on growth and jobs are key elements of the reform
  • Main areas of investment (25% is devoted to research and innovation and 30% to environmental infrastructure and measures to combat climate change)
  • Budget: 347 billion euros
  • Achievements

2014 – 2020

2021-2027