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EU indirect funding

Regarding indirectly managed European funds, or structural funds, they concern the EU's regional policy, which encompasses all actions through which the EU promotes cohesion and seeks to reduce the economic and social disparities among European regions.

In this case, a direct relationship is established between regional and national institutions and the beneficiaries. This means that financial resources from the EU budget are transferred from the EC to the Member States, as well as all allocation and ex-post verification procedures. The management of structural funds is, therefore, shared in the sense that guidelines for fund actions are established at the European level, while their implementation is managed by relevant national or regional authorities in each member state, which define Operational Programs and subsequently select and monitor projects.

Cards
Cross-border Cooperation (Interreg A)
European Cohesion Policy
The European Union's Cohesion Policy 2021-2027 represents the primary support for the development strategies of regions and territories as it aims to reduce the economic, social, and territorial disparities existing among the EU regions.
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