The European Commission adopted a new Interreg programme between Greece and Italy worth over €123 million, with nearly €105 million coming from the European Regional Development Fund.
Commissioner for Regional Policy Corina Crețu, said: "I am glad to have adopted this programme today. By focusing on a few priorities able to show results, this programme will contribute to creating growth and quality jobs in the Greek-Italian border region.
The new programme aims to increase the economic competitiveness in the Greece-Italy border area by supporting entrepreneurship, innovation and the clustering of economic activities. The programme will promote interaction among SMEs while stimulating innovative processes in industries exploiting common local resources. Furthermore, the programme will improve the joint management of the impact of human activities on natural resources in urban, lowland and coastal Adriatic and Ionian areas. This will enhance the protection of maritime and land biodiversity.
The regions and provinces involved in the Interreg V-A "Greece-Italy 2014-2020" programme are:
The programme will focus on the following three priorities:
Total Budget of the cross-border cooperation programme: €123,176,899 (Public Expenditure)
Total EU contribution (European Regional Development Fund - ERDF): €104,700,362
Interreg V-A Greece - Italy
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Competitiveness, Entrepreneurship & Innovation
Transport Infrastructure, Environment and Sustainable Development
Human Resources Development, Education and Lifelong Learning
Reform of the Public Sector
Fisheries and Maritime