The convergence objective aims to help the least-developed Member States and regions catch up more quickly with the EU average by improving conditions for growth and employment. It covers the Member States and regions whose development is lagging behind. The fields of action will be physical and human capital, innovation, knowledge-based society, adaptability to change, the environment and administrative effectiveness. It will be financed by the European Regional Development Fund (ERDF), the European Social Fund (ESF) and the Cohesion Fund. Transitional regions falls under the category 'Phasing-out'
The Regional Competitiveness and Employment objective aims to strengthen the competitiveness, employment and attractiveness of regions other than those which are the most disadvantaged. It must help to anticipate economic and social changes, promote innovation, entrepreneurship, protection of the environment, accessibility, adaptability and the development of inclusive labour markets. It will be financed by the ERDF and the ESF. Transitional regions falls under the category 'Phasing-in'
Theme(s): Governance - Governance
|C+PO||Regions eligible under objective 'Convergence' plus phasing-out regions|
|NEE||Regions eligible under objective 'Regional competitiveness and employment' plus phasing-in regions|